LASF recorded trading income of $302.68 million; this represented a growth of 27% or $65.2 million compared to the $237.48 million for corresponding period in 2016. Other income amounted to $16.54 million (2016: $23.17 million), a decrease of $6.63 million which resulted in total income of $319.23 million, a growth of 22% compared to the
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Mario Draghi indicated that policy makers at the Central Bank are still waiting for inflation to catch up with the Euro zone economic recovery, pushing back any discussion of winding back stimulus until after summer 2017. “We are finally experiencing a robust recovery where we only have to wait for wages and prices to follow
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Note that the 2016 financial year constitutes of 15 months. For the year ended March 31, 2017:- 1834 Investments Limited generated total revenue of $199.02 million this compares with $204.74 million for the 2016 financial year. Operating Income accounting for $60.78 million (2016: $196.52 million) while Other Operating Income totalled $138.24 million (2016: $8.22 million).
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The inflation rate for the month June 2017 was 0.7 %, following an upward movement of 0.1% in May 2017. The movement was credited to a 1.1% increase in the division ‘Food, Non-Alcoholic Beverages’ which was impacted by flood rains in May. The division ‘Transport’ moved up by 0.4%, while the ‘Housing, Water, Electricity, Gas
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