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Retail sales rose by 2.5 per cent in February compared to the same month last year, boosted by an increase in building materials demand. After inflation was taken into account, volume rose 0.2 per cent for a second successive month of real growth aft...

Retail sales volume rose for the first time in five months in January. The Department of Statistics reported today that retail sales in Bermuda climbed 3 per cent year over year to $87.1 million in January. After adjusting for inflation the increase ...

Bermuda’s economy expanded at a healthy pace in the third quarter of last year — and revisions to past data show the economy grew more than previously reported in the three quarters before that. Gross domestic product rose 3.9 per cent in the July th...

Retailers took 2.3 per cent more at the till in December last year, than they did in the same month a year earlier. But sales volume, which is adjusted for inflation, fell by 0.3 per cent — the fourth successive month to see a year-over-year decline....

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 infla...

Retailers took 1 per cent more at the till in October than they did in the same month in 2016. But after adjusting for inflation, retail sales volume fell by 0.5 per cent, the second successive decline. The Retail Sales Index, published today by the ...

Bermuda’s inflation rate crept down to 1.5 per cent in September, the lowest rate recorded in more than a year and down 0.8 percentage points from August. The main driver of cost-of-living increases over the past year was the transport and foreign tr...

Building materials stores and vehicle distributors saw a spike in sales during August, playing a lead role in the 4.7 per cent increase in retail sales for the month. Total sales were estimated at $98.5 million in August, up from $94.1 million in the...

Bermuda’s gross domestic product — a measure of economic activity — climbed above $6 billion last year for the first time since 2008. While nominal GDP rose by 3.4 per cent, figures released by the Department of Statistics today showed that after eco...

Increasing fuel costs were the largest driver of inflation in July, as the cost of living rose 1.7 per cent from a year earlier. Inflation, as recorded by the Consumer Price Index, published today by the Department of Statistics, edged lower to 1.7 p...