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Inflation rose 3.7 per cent year on year, the largest increase in almost 15 years, as food and health care costs rose

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...

Inflation figures just released by government show that during June consumers paid 1.2 per cent more than they did in June 2020 for the basket of goods and services. The Ministry for the Cabinet Office released the latest Consumer Price Index (CPI) p...

US Treasury Secretary Janet Yellen said yesterday that deterring the use of tax havens will let countries compete on economic fundamentals — instead of by offering ever-lower tax rates that deprive governments of money for infrastructure and educatio...

The inflation rate edged up to 0.9 per cent in April. Commenting on the Consumer Price Index report, Wayne Furbert, Minister for the Cabinet Office, said: “In April consumers paid 0.9 per cent more than they did in April 2020 for a basket of goods an...