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Bermuda’s surplus in economic transactions with the rest of the world narrowed to $204 million in the first quarter of this year. One of the drivers of the $116 million fall in the current-account surplus, compared to the first quarter of 2018, was a...

Consumers paid more for goods and services in April, than they did in the same month in 2018. The Consumer Price Index rose 1 per cent, year-on-year. The rate of inflation declined 0.2 percentage points from the 1.2 per cent measured in March. Betwee...

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...

Consumers paid more for goods and services in March than they did in the same month in 2018. The Consumer Price Index rose 1.2 per cent, year-on-year. The level of inflation increased by 0.1 of a percentage point from the 1.1 per cent measured in Feb...

Retail sales volume fell again in January, marking an eleventh successive month of decline. Apparel stores were the hardest hit sector with a volume decrease of 22.8 per cent from last year. Motor vehicle sales volume dipped 11.8 per cent. Overall sa...

Retail sales volume fell 5.3 per cent in December, marking a tenth successive month of decline in the biggest month of the year for many stores. For the first time, the Retail Sales Index from the Department of Statistics detailed the value of import...

The annual rate of inflation fell to 0.8 per cent in November last year — the lowest rate of increase in the cost of living recorded since June 2016. The Consumer Price Index, which measures price movements through a basket of goods and services, fou...

Retail sales volume fell for an eighth successive month last October. After adjusting for the retail sales rate of inflation, measured at 2.3 per cent in October, the overall volume of retail sales decreased 0.4 per cent, the Department of Statistics...

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...