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Concern comes from leading economist during an address to the Hamilton Rotary Club

Food prices continue to increase but the long-term trend is still downward

Bermudian worries about the economy are causing consumer confidence to plunge across all demographics

Results of the exercise will be used to set policy and calculate the inflation indicator

Report says monetary policy and war will have a greater affect as 2023 economic growth fades

Columnist Bryan Dooley says headwinds abound for the resilient consumer

The prices of food items rose while those fuel and power-related declined

Banking sector assets contracted, however, by 6.2 per cent or $1.6 billion to $24.4 billion for the first quarter of 2023

The prices of cooking oil, pasta, fruit juices, airfares and overseas accommodation jump dramatically

Overall inflation for February was 4.2 per cent, a fall from the January annual inflation rate of 4.5 per cent

In a surprise setback, the Bermudian economy contracted by 5 per cent in real terms in the third quarter of 2022

The island’s capital has again topped a poll of the world’s most expensive places to live. Hamilton was given a cost of living index of 142.1 by the website Numbeo in a snapshot of city rankings for 2023. The website explained: “These indices are rel...