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Retailers took 2.3 per cent more at the till in December last year, than they did in the same month a year earlier. But sales volume, which is adjusted for inflation, fell by 0.3 per cent — the fourth successive month to see a year-over-year decline....

Retail sales volume fell for a third successive month in November — a key month for the industry with Black Friday sales and the run-up to Christmas. Retailers took $95.7 million at the till, 0.7 per cent less than the same month in 2016. After infla...

Retailers took 1 per cent more at the till in October than they did in the same month in 2016. But after adjusting for inflation, retail sales volume fell by 0.5 per cent, the second successive decline. The Retail Sales Index, published today by the ...

Bermuda’s inflation rate crept down to 1.5 per cent in September, the lowest rate recorded in more than a year and down 0.8 percentage points from August. The main driver of cost-of-living increases over the past year was the transport and foreign tr...

Building materials stores and vehicle distributors saw a spike in sales during August, playing a lead role in the 4.7 per cent increase in retail sales for the month. Total sales were estimated at $98.5 million in August, up from $94.1 million in the...

Bermuda’s gross domestic product — a measure of economic activity — climbed above $6 billion last year for the first time since 2008. While nominal GDP rose by 3.4 per cent, figures released by the Department of Statistics today showed that after eco...

Increasing fuel costs were the largest driver of inflation in July, as the cost of living rose 1.7 per cent from a year earlier. Inflation, as recorded by the Consumer Price Index, published today by the Department of Statistics, edged lower to 1.7 p...

Retail sales climbed 2.2 per cent in July, boosted by higher sales of vehicles, but liquor stores saw a sharp fall in receipts. Retailers took an estimated $106.3 million at the till during July, according to the Retail Sales Index, published today b...

Retail sales surged 9.1 per cent in June, as the America’s Cup boosted takings at the tills. Total sales in Bermuda amounted to $112.2 million, up from $102.8 million in June 2016, according to the Department of Statistics Retail Sales Index. Thousan...

The annual inflation rate dipped to 1.8 per cent in June, down from 2.4 per cent the month before. The main driver in the increased cost of living was the fuel and power sector, which climbed 11.2 per cent from the year before. This increase was mai...