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For the first time in 12 months retail sales have fallen year-on-year in both value and volume. During May the value of sales decreased 1.4 per cent below the $97.9 million recorded in the same month in 2015. After adjusting for the annual retail sal...

Consumers paid 1.1 per cent more for the standard basket of goods and services in May than the same month a year ago, according to Government statistics. The rate of inflation remained unchanged from April at 1.1 per cent. The average cost of goods a...

Liquor sales surged in April, helping the island to a 16th consecutive month of retail sales gains. But motor vehicles sales suffered their first drop in nearly a year, according to the latest government statistics. Retail sales in April totalled $92...

Shoppers paid 1.1 per cent more for the standard basket of goods in April than they did a year ago. Government statisticians said the level of inflation increased by 0.1 of a percentage point over the 1 per cent measured in March. The Consumer Price ...

Retail sales volume rose for the 15th month in a row in March. Sales went up 4.9 per cent to $92 million, compared to the $87.7 million recorded in March 2015, with six of the seven recorded sectors logging increases. After accounting for inflation, ...

Bermuda recorded a fifth successive quarter of economic growth in the last three months of 2015. Quarterly gross domestic product figures released by the Department of Statistics today showed that GDP was $1.4 billion in the fourth quarter of last ye...

Retail sales went up 4.4 per cent in January compared to the previous year. Total spending, including $4.4 million in overseas purchases, totalled $89.4 million for the month. Four out of the seven sectors saw increases in revenue, with motor vehicle...

A fourth consecutive month of lower fuel and power prices kept the lid on inflation in January. The fuel adjustment rate on Belco bills fell 11.1 per cent in the first month of the year, thanks mainly to a fall in the price of the diesel and heavy oi...

Retail sales volume dropped by more than 1 per cent in December last year — the second successive drop after 11 months of increases. A 30.8 per cent jump in the automotive sector compared to the same month in 2014 contributed to the 0.5 per cent incr...

A major survey of business confidence in Bermuda is set to be unveiled tomorrow to an invited audience. The survey, sponsored by HSBC and carried out by Total Research Associates, invited nearly 400 business people on the island to take part. Mark Wa...