Brent Oil Brent oil prices rose by 4.96% (US$3.00), as prices declined this week. Oil traded on November 8, 2017 at a price of 63.49 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.35% (US$1.61 ). Additionally 90 Octane increased by 1.35% or
Brent Oil Brent oil prices rose by 3.51% (US$2.05), as prices declined this week. Oil traded on November 1, 2017 at a price of 60.49 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.24% (US$1.46 ). Additionally 90 Octane increased by 1.24% or
Brent Oil Brent oil prices rose by 2.11% (US$1.21), as prices declined this week. Oil traded on October 25, 2017 at a price of 58.44 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.84% (US$0.98 ). Additionally 90 Octane increased by 0.82% or
The inflation rate for the month September 2017 was 0.7%, following an upward movement of 0.3% in August 2017. The division which recorded the highest movement for the month was ‘Housing, Water, Electricity, Gas and Other Fuels’ with a 2.6% growth, while the index for ‘Food and Non-Alcoholic Beverages’ advanced by 0.4%. STATIN reported that
Brent Oil Brent oil prices rose by 1.74% (US$0.98), as prices declined this week. Oil traded on October 19, 2017 at a price of 567.23 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.41% (US$0.48 ). Additionally 90 Octane increased by 0.40%
The Bureau of Labor Statistics released its Employment Situation Summary earlier today which highlighted the unemployment rate fell to 4.2% for September. Total nonfarm payroll employment reflected a decline of 33,000. The passing of Hurricanes Irma and Harvey resulted in a sharp decline in employment in food services and drinking places and “below-trend growth in
Brent Oil Brent oil prices fell by 2.80% (US$1.61), as prices declined this week. Oil traded on October 4, 2017 at a price of 55.80 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices declined week over week, by 0.40% (US$0.47 ). Additionally 90 Octane declined by 0.39% or
For the period of April 2017 to August 2017, the GOJ reported Total Revenues & Grants of $213.07 billion, $14.62 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 11.9% relative to the $190.43 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ‘Non-Tax Revenue,’ ‘Capital Revenue’
Brent Oil Brent oil prices increased by 1.99%, as prices increased this week. Oil traded on September 28, 2017 at a price of 57.41 (US$/ barrel).Brent oil price opened the year at 56.90(US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 0.19% or ($0.22) . Additionally 90 Octane declined by 0.18% week
The Bank of Jamaica (BOJ) released its expectations for inflation based on a survey conducted between July 17th and August 04th 2017. July’s survey indicated the expected inflation rate for 2017 is 1.8% for the calendar year, lower than the previous survey outturn (see Figure 1). Notably, the expected rate of 1.8% for 2017
