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Bermuda has maintained its long and short-term issuer ratings at A+ and K1+, respectively, and the outlook remains stable

Even in the absence of the island’s largest hotel for possibly the next 24 months, and continuing concern about the “national” debt, a major rating agency has given Bermuda the thumbs up on our future prospects. In fact, Moody’s Investors Service cit...

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...

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

The Institute of Directors Bermuda will kick off its 2022 professional development programme with the in-depth panel discussion titled What Directors Need to Know for the Year to Come. The event, held in conjunction with professional services firm KP...

The Ministry for the Cabinet Office released the September 2021 Consumer Price Index (CPI) from the Department of Statistics. In summary, during September 2021 consumers paid 2.2 per cent more than they did in September 2020 for the basket of goods a...

Bermuda’s annual inflation rate increased at the highest rate in four years in July, increasing to 2.2 per cent. The rise was a full percentage point higher than June’s figure of 1.2 per cent and the highest since inflation hit 2.4 per cent in March...

Consumers paid more for goods and services in June than they did in the same month in 2018. The Consumer Price Index rose 0.7 per cent, year-on-year. The inflation rate year-on-year more than doubled during the month, rising by 0.4 of a percentage po...

Consumers paid more for goods and services in April, than they did in the same month in 2018. The Consumer Price Index rose 1 per cent, year-on-year. The rate of inflation declined 0.2 percentage points from the 1.2 per cent measured in March. Betwee...

Consumers paid more for goods and services in March than they did in the same month in 2018. The Consumer Price Index rose 1.2 per cent, year-on-year. The level of inflation increased by 0.1 of a percentage point from the 1.1 per cent measured in Feb...