46 results returned for search: "" category "Economy" author Raymond Hainey, Assistant News Editor
Retail sales went up 4.4 per cent in January compared to the previous year.
Total spending, including $4.4 million in overseas purchases, totalled $89.4 million for the month.
Four out of the seven sectors saw increases in revenue, with motor vehicle...
DATE: Apr 06, 2016
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales volume dropped by more than 1 per cent in December last year — the second successive drop after 11 months of increases.
A 30.8 per cent jump in the automotive sector compared to the same month in 2014 contributed to the 0.5 per cent incr...
DATE: Feb 24, 2016
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales in Bermuda dropped last November for the first month in a year, the latest Government figures have revealed.
Sales were down $3.6 million, or 0.6 per cent, to $85.5 million on the $89.1 million recorded for October.
Returning residents d...
DATE: Feb 12, 2016
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
America’s Cup fever boosted sales in clothes and tourist-related stores in October.
Sales revenue in clothes stores rocketed by more than a third and around 12 per cent of the total was attributed to the Louis Vuitton America’s Cup World Series event...
DATE: Dec 22, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Inflation dropped to 0.6 per cent in October compared to the previous month, according to the latest Government figures.
Inflation fell 0.4 per cent from the 1 per cent rate in September.
Consumers in October paid 0.6 per cent more for a standard bas...
DATE: Dec 17, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales rose for the thirteenth month in a row in September, according to the latest Government statistics.
The year-on-year headline figure rose by 2.5 per cent, but, after adjustment for inflation, stood at 1.4 per cent.
And vehicle sales notc...
DATE: Nov 25, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s current account recorded a surplus of $215 million in the second quarter of the year, according to the latest Government statistics.
The figure was $1 million up on the from the surplus in the same quarter of last year.
The deficit on the g...
DATE: Nov 16, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s gross domestic product (GDP) went up 1.5 per cent to more than $1.39 billion in the second quarter of the year after adjustment for inflation.
An increase in the balance on trade in goods and services — which offset a decline in investment ...
DATE: Nov 06, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
The retail sales index rose 2.7 per cent in July compared to the previous year.
After adjustment for inflation, which was 1.4 per cent in July, the volume of retail sales was up 1.3 per cent.
The figures mark the eighth successive monthly increase.
A...
DATE: Sep 24, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda paid 1.9 per cent more for a typical basket of goods and services in July that it did a year ago.
But the level of inflation fell 0.2 of a percentage point on the 2.1 per cent measured in June.
The average cost of goods and services also fell...
DATE: Sep 11, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor