During the period January to August 2017 the trade deficit worsened to US$2,784.2 million, increasing by US$478.8 million or 20.8% relative to US$2,305.4 million for the corresponding period in 2016 based on data release d by the Statistical Institute of Jamaica (STATIN). Imports The total spend on imported goods amounted to US$3,668.1 million, an
Lasco Distributors Limited (LASD) For the six months ended September 30, 2017: Total revenue for the six months increased by $210.98 million or 3% to total $8.35 billion, relative to the $8.14 billion recorded for the comparable period in 2016. For the quarter the company saw a 1% decline in revenue to total $4.22 billion
Real gross domestic product (GDP) rose at an annual rate of 3% for the quarter ended September 31, 2017 according to the Bureau of Economic Analysis. GDP had increased 3.1% for the second quarter (see graph below). The growth recorded in the third quarter resulted from improved contributions from persona consumptions expenditures (PCE), private
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Monthly Economic Review - September 2017
Caribbean Cement Company Limited (CCC) For the nine months Ended September 30, 2017: Total revenue for the nine months grew by 2% amounting to $12.26 billion, up from $11.98 billion reported a year ago. For the three months ended September 2017 the company saw a 14% increase in revenue closing at $4.18 billion relative to
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported, in addition over the last 12 months, the all items index rose 2.2 %. The gasoline index saw an increased 13.1% in September and accounted for about three-fourths of the
Effective 25 October 2017, Bank of Jamaica will reduce the amount that authorised dealers and cambios are required to sell to the central bank from their daily purchases of foreign exchange. For both authorised dealers (ADs) and cambios, the amount required to be sold to the central bank will be reduced by 5.0 percentage points.
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
