550 results returned for search: "" category ("Economy" AND "Business")
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
An upward trend in sales receipts for retailers sharpened further in June, and has been hailed as “a positive shift in consumer confidence”.
The retail sales index notched up an eleventh consecutive month of improvement, year-on-year, in June. It ros...
DATE: Aug 27, 2015
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CATEGORY:
Economy
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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.
...
DATE: Aug 11, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
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...
DATE: Aug 07, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Former minister Quinton Edness has implored the Bermuda Government to impose cuts rather than draw on its $200 million loan agreement with Butterfield Bank.
Mr Edness warned last night that incurring further debt on top of the existing $2.185 billio...
DATE: Aug 05, 2015
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
Consumers paid 1.2 per cent more for goods and services in May than they did at the same time the previous year.
But the consumer price index dropped 0.2 per cent between April and May — despite an 8.5 per cent jump in the cost of healthcare.
Governm...
DATE: Jul 09, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
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...
DATE: Jun 25, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
An increase of nearly 10 per cent in health insurance premiums was the main driver of the cost of living rise in April.
According to figure released by the Department of Statistics, the annual rate of inflation jumped to 1.8 per cent — the highest ra...
DATE: Jun 25, 2015
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CATEGORY:
Economy
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Bonds offered by the Bermuda Government offer the lowest risk for investors of any country in the Caribbean region, according to Euromoney’s Country Risk (ECR) survey.
Bermuda ranks 44 in the magazine’s global rankings, on the same level as Spain and...
DATE: Jun 01, 2015
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CATEGORY:
Economy
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