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Just a day after releasing the April Retail Sales Index report, the Minister for the Cabinet Office yesterday reported May figures showing an overall volume increase of 10.4 per cent year-over-year. That figure was arrived at after adjusting for the ...

Bermuda’s Economic Recovery Plan is “ambitious but achievable”, the Minister of Finance told an international forum yesterday. Curtis Dickinson was speaking on the panel, “Economy and Sustainability for Global Islands” at the Island Finance Forum 202...

Bermuda’s annual inflation rate remained negative for the fifth consecutive month in November at -0.1 per cent. In July 2020, the island recorded its first negative inflation rate since 1965. Consumers paid 0.1 per cent less for a basket of goods and...

Bermuda’s annual inflation rate remained negative for the fourth consecutive month in October at -0.2 per cent. In July 2020, the island recorded its first negative inflation rate since 1965. Consumers paid 0.2 per cent less for a basket of goods and...

The Construction Association of Bermuda is “encouraged” by Government’s $13.4 million short-term economic stimulus programme but says it has missed an opportunity to support training in the trades, the organisation’s president said yesterday. Simon T...

Bermuda’s gross domestic product increased by 0.1 per cent to $6.5 billion in 2018, the Government announced today. GDP is a measure of economic activity that captures the value of goods and services produced within a country during a given period. I...

Bermuda’s 13-month run of declining year-on-year retail sales has been halted. Figures released today revealed that the overall volume of retail sales increased by 0.5 per cent in April after being adjusted for inflation, which was 1.6 per cent durin...

October’s Retail Sales Index report will be released “within the week”, a government minister promised yesterday. Typically, both the October and November Retail Sales Index reports, produced by the Department of Statistics, would have been released ...

The main driver of Bermuda’s increase in gross domestic product is expected to continue to deliver positive economic news, a Bermuda Government minister said yesterday. GDP for the third quarter of 2018 increased 1.6 per cent year-over-year, Governme...