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Christmas-style spending came early in Bermuda as the America’s Cup boosted May retail sales by close to 10 per cent to $106.7 million. It is the biggest single increase in at least nine years — before the global financial crisis in 2008. The Retail ...

Retail sales bounced back in March after three previous months of declines. Sales increased to $96.5 million, 5.3 per cent up on the $91.6 million recorded for March last year. After adjustment for inflation, which was 1.9 per cent in March, the volu...

Retail sales dropped 2.7 per cent to $80 million for February compared to the same month last year. After adjustment for inflation, which stood at 2.1 per cent in February, the volume of retail sales fell by 4.6 per cent. Four of the seven sectors ch...

Island countries are set to be buffeted by major global changes, a report from KPMG has warned. The Emerging Trends in Infrastructure report from the professional services firm spotlighted ten global trends, many of which “underscore a drive for more...

Retail sales last December fell 2.4 per cent compared to the same period in 2015. The total spend dropped to $108.9 million from $111.6 million, with three of the seven sectors monitored by Government statisticians reporting decreases in sales revenu...

The rate of inflation dropped slightly last December to 1.6 per cent, 0.1 percentage points down from November. The price change refers to the standard basket of goods and services measured by the consumer price index compared to the same period in 2...

Retail sales went up more than 2 per cent in June, Government statisticians said. Sales in five of the seven sectors increased, pushing the rise to 2.1 per cent and the value from $100.9 million recorded for the same month last year to $103 million. ...

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...