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The economic rejuvenation of the English town of Preston through “community wealth building” has attracted much attention in recent years. Julian Manley, one of strategists behind the ongoing economic transformation of Preston, will speak at an event...

The annual rate of inflation fell to 1.7 per cent in May despite the impact of higher health insurance premiums. The insurance increases drove health and personal care costs up by 4.1 per cent from May 2017, according to the Consumer Price Index, rel...

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...

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...

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 ...

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...

The rate of inflation dropped slightly last December to 1.6 per cent, 0.1 percentage points down from November. The price change refers to the standard basket of goods and services measured by the consumer price index compared to the same period in 2...

Inflation edged up to 2.1 per cent in October, 0.1 of a percentage point higher than the month before. For the second consecutive month, the education, recreation, entertainment and reading sector was the largest contributor to the year-over-year cha...

The cost of living rose in September at the highest rate in more than a year. Inflation, as measured by the Consumer Price Index, hit 2 per cent with education, healthcare and food costs the main contributors to the increase. The Department of Statis...