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The retail inflation rate rose to 0.2 per cent in February, up from -0.3 per cent in January. Wayne Furbert, Minister for the Cabinet Office, said: “The health and personal care sector was the largest contributor to the twelve-month increase in the C...

Bermuda’s annual inflation rate was negative for the sixth month out of seven in January at -0.3 per cent. The island had experienced five consecutive months of deflation before the annual inflation rate turned positive in December at 0.3 per cent. C...

Bermuda’s Economic Recovery Plan is “ambitious but achievable”, the Minister of Finance told an international forum yesterday. Curtis Dickinson was speaking on the panel, “Economy and Sustainability for Global Islands” at the Island Finance Forum 202...

After five consecutive months of deflation, Bermuda’s annual inflation rate turned positive in December. The rate was 0.3 per cent. Consumers paid 0.3 per cent more for a basket of goods and services included in the Consumer Price Index in December t...

Bermuda’s annual inflation rate remained negative for the fifth consecutive month in November at -0.1 per cent. In July 2020, the island recorded its first negative inflation rate since 1965. Consumers paid 0.1 per cent less for a basket of goods and...

Bermuda’s annual inflation rate remained negative for the fourth consecutive month in October at -0.2 per cent. In July 2020, the island recorded its first negative inflation rate since 1965. Consumers paid 0.2 per cent less for a basket of goods and...

The Construction Association of Bermuda is “encouraged” by Government’s $13.4 million short-term economic stimulus programme but says it has missed an opportunity to support training in the trades, the organisation’s president said yesterday. Simon T...

Bermuda’s annual inflation rate remained negative for a third consecutive month in September. The rate was -0.7, the same as reported in August. In July the island recorded its first negative inflation rate since 1965. Consumers paid 0.7 per cent les...

Bermuda’s gross domestic product increased by 0.1 per cent to $6.5 billion in 2018, the Government announced today. GDP is a measure of economic activity that captures the value of goods and services produced within a country during a given period. I...

Consumers paid more for goods and services in June than they did in the same month in 2018. The Consumer Price Index rose 0.7 per cent, year-on-year. The inflation rate year-on-year more than doubled during the month, rising by 0.4 of a percentage po...