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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...

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 ...

Given its massive impact on all of our lives, it’s not too surprising that the economy has consistently ranked as the top issue with voters in polls commissioned by this newspaper in recent quarters. And with all the pain of a six-year recession stil...

The annual rate of inflation fell to 1.7 per cent in April — down from a 2½-year high of 2.4 per cent in March. Government statistics released today show that sharp year-over-year increases in the price of oil meant the fuel and power sector, as well...

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...

Promises of prosperity from the Government have failed to materialise as Bermuda once again finds itself in a recession, the leader of the Progressive Labour Party says. But Bob Richards, the Deputy Premier and Minister of Finance, yesterday called ...

Bermuda’s economy slipped back into recession — at least by one widely used definition — in the last quarter of last year, according to figures released by the Department of Statistics today. In the fourth quarter of 2016, gross domestic product fell...

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...

The annual rate of inflation was 1.9 per cent in February — unchanged from January. The education, recreation, entertainment and reading sector was the largest contributor to the year-over-year increase for the second consecutive month. This sector w...

Consumers paid 1.9 per cent more in January than they did a year before for goods and services. And the level of inflation rose by 0.3 of a percentage point to 1.9 per cent between December last year and the first month of 2017. The cost of the educa...