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The Premier and the Opposition leader have clashed over the escalating cost of living on the island. The war of words began after David Burt, who is also the Minister of Finance, said inflation in Bermuda was lower than other jurisdictions in part be...

The Cayman Island Consumer Price Index increased by 11.2 per cent in the first quarter of this year when compared to the same period in 2021, the Cayman News Service has reported. The CNS commented that residents of the Cayman Islands have been livin...

About a third of residents feel forced to buy less food and almost a fifth are choosing less healthy options owing to rising prices, says a new survey

Consumers paid 2.5 per cent more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Ministry of Economy and Labour reported today. This level of inflation was the same as the January an...

Union leaders have accused the Government of “dropping the ball” on the living and minimum wages while not doing enough to combat the cost of living crisis. After giving a speech to mark International Workers’ Day, David Burt, the Premier, refused to...

The price of gasoline at the pump will remain frozen for a second consecutive month

A common topic among investors is how to protect asset values and incomes while inflation is rising. The major asset classes: stocks, bonds and cash, do not immediately appear to offer a direct hedge against the impact of rising prices, leading some ...

You should try the family inflation calculator to see how national inflation rates affect your personal household budget

Increases in food prices and health insurance were responsible for the inflation rate hitting 2.5% in January, the Government reported

The annual rate of inflation declined slightly in December as a drop in fuel prices compared to November pushed down prices in the transport and foreign travel sector. Also falling by marginal amounts were the tobacco and liquor sector of the Consum...

David Burt became finance minister for the second time in February and his decision to add that portfolio to his duties as the Premier left a number of unanswered questions. Still unknown is the question of whether he plans to turn over the portfolio...

A temporary freeze on gas and diesel prices and a review to try and cut the cost of fuel was yesterday announced by the Premier. David Burt, who is also the finance minister, pledged to try and reduce fuel costs next month against a backdrop of a cos...