November 2017 Retail Sales
Retail sales volume dips 3.1%
Retail sales volume fell for a third successive month in November — a key month for the industry with Black Friday sales and the run-up to Christmas.
Retailers took $95.7 million at the till, 0.7 per cent less than the same month in 2016. After inflation was taken into account, volume fell 3.1 per cent.
All sectors saw decreases and motor vehicle dealers saw the largest decrease in sales volume, with a 14.2 per cent dip, according to data released by the Department of Statistics today.
Apparel stores suffered a 7.2 per cent decline, while building materials stores saw a 4.1 per cent fall, while food stores’ sales volume slipped 1.8 per cent, liquor stores 3.1 per cent and fuel sales volume at services stations was down 2.2 per cent.
Returning residents declared overseas purchases valued at $6.4 million, 3.2 per cent higher than November 2016. This contributed to a combined local and overseas spending of $102.3 million.
Excluding Sundays, there were 25 shopping days during the month, the same as in November 2016.
Axeing airport would cost more than $100m
Government may buy Sandys 360 centre
Treble life-saver Mello is Hero of the Year
Furbert takes aim at notional salary earners
Moniz approves ‘business-friendly’ package
Tributes for Flatts star Woolridge
Duffy out of South Africa Xterra event
Victorious Manders pays tribute to mother
Island turns out for Black Panther
Kurron Shares deal back in spotlight
Supersized gym sets up in Hamilton
Burt: Airport deal will not be cancelled
Navy officer who kept Bermuda’s big secret
Fairytale of New York
Ming: schoolchildren witnessed tourist death
Bargain-hunters descend on clearance sale
Take Our Poll