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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...

Retail sales climbed 2.2 per cent in July, boosted by higher sales of vehicles, but liquor stores saw a sharp fall in receipts. Retailers took an estimated $106.3 million at the till during July, according to the Retail Sales Index, published today b...

Retail sales surged 9.1 per cent in June, as the America’s Cup boosted takings at the tills. Total sales in Bermuda amounted to $112.2 million, up from $102.8 million in June 2016, according to the Department of Statistics Retail Sales Index. Thousan...

The annual inflation rate dipped to 1.8 per cent in June, down from 2.4 per cent the month before. The main driver in the increased cost of living was the fuel and power sector, which climbed 11.2 per cent from the year before. This increase was mai...

The annual inflation rate dipped to 1.8 per cent in June, down from 2.4 per cent the month before. The main driver in the increased cost of living was the fuel and power sector, which climbed 11.2 per cent from the year before. This increase was mai...

Christmas-style spending came early in Bermuda as the America’s Cup boosted May retail sales by close to 10 per cent to $106.7 million. It is the biggest single increase in at least nine years — before the global financial crisis in 2008. The Retail ...

Given its massive impact on all of our lives, it’s not too surprising that the economy has consistently ranked as the top issue with voters in polls commissioned by this newspaper in recent quarters. And with all the pain of a six-year recession stil...

The annual rate of inflation fell to 1.7 per cent in April — down from a 2½-year high of 2.4 per cent in March. Government statistics released today show that sharp year-over-year increases in the price of oil meant the fuel and power sector, as well...