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The value of imported goods fell 1.4 per cent to $217 million in the first quarter of the year. The latest Government balance of payments statistics show that there was a $17 million drop in imports from the Island’s largest trading partner, the US. ...

Shoppers paid 2.1 per cent more in June for goods and services than a year before. And the Island’s inflation rate went up 0.9 percentage points from the 1.2 per cent measured in May. Health and personal care notched up the largest increase year on y...

More than 800 jobs were lost in 2014, according to Government statisticians. The number of Bermudian job holders dropped by 671, from 24,504 in 2013 to 23,833 last year. The number of jobs held by non-Bermudians, excluding non-Bermudian spouses and p...

Retail sales went up by more than two per cent in March compared to the same time last year. And the sale of vehicles showed the largest growth — up by more than a quarter (26.4 per cent). Analysts said the increase was due to a leap in demand for mo...

Prices rose 0.2 per cent from January to February, the latest Government statistics have revealed. And year-on-year to February, the cost of a standard basket of goods used to calculate the Consumer Price Index went up by 1.6 per cent. The health and...

A Caymans business leader yesterday outlined the island chain’s recipe for success. Anthony Travers, chairman of the Cayman Islands Stock Exchange and senior partner in law firm Travers Thorp Alberga, said the Caribbean chain had learned from past mi...

A health timebomb could act as a drag on the Island’s economic recovery, according to a new survey by financial services firm Morgan Stanley. The research headed by a Morgan Stanley economist said that sugar consumption was fuelling increased rates o...

The number of work permits granted each year dropped by more than 6,800 in just six years, according to Government statistics released yesterday. The report showed that the estimated number of work permits issued peaked at 18,131 in 2007 — but had dr...

The standard shopping basket of goods and services was 2.6 per cent more expensive in October than a year earlier, the latest Government statistics have revealed. The average cost of items on the Consumer Price Index (CPI) rose by 0.3 per cent from S...