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July’s rate of inflation jumped to the highest level since January as an increase in land tax and electricity bills pushed the cost of living higher. Consumers paid 1.6 per cent more in July 2016 than they did a year before for the basket of goods a...

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. ...

Bermuda’s current-account surplus narrowed in the first quarter mainly due to a slump in investment income. The island recorded a surplus of $121 million in the January-through-March period, down by $99 million from the same period last year. The inv...

Bermuda’s economy cooled slightly in the first quarter of this year, despite a pick-up in household consumption and construction activity. The Department of Statistics today released figures which showed that the island’s gross domestic product contr...

For the first time in 12 months retail sales have fallen year-on-year in both value and volume. During May the value of sales decreased 1.4 per cent below the $97.9 million recorded in the same month in 2015. After adjusting for the annual retail sal...

Consumers paid 1.1 per cent more for the standard basket of goods and services in May than the same month a year ago, according to Government statistics. The rate of inflation remained unchanged from April at 1.1 per cent. The average cost of goods a...

Liquor sales surged in April, helping the island to a 16th consecutive month of retail sales gains. But motor vehicles sales suffered their first drop in nearly a year, according to the latest government statistics. Retail sales in April totalled $92...

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...