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This week’s series of stories shows that the cost-of-living crisis is continuing to worsen for Bermuda residents. At the same time, recent retail sales figures for March show that the economy remains weak. As stated in an earlier editorial, the ris...

For the ninth consecutive month, the Retail Sales Index has tumbled, a period stretching through to March this year from as far back as the summer of 2021. The Ministry of Economy and Labour has just released the 2022 Retail Sales Index, with compara...

About a third of residents feel forced to buy less food and almost a fifth are choosing less healthy options owing to rising prices, says a new survey

You should try the family inflation calculator to see how national inflation rates affect your personal household budget

Affordable vegetables – is this an April Fool? It would be easy to assume so when in Bermuda a single pepper can set you back $4; let’s not get into the price of blueberries or cherries. There’s a hefty price tag that comes with living on a rock in ...

The Government said today that Bermuda’s trade with non-residents resulted in a $164 million surplus for the third quarter of 2021, decreasing $16 million from a year ago. In making this announcement, Jason Hayward, the Minister of Economy and Labour...

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...

Hurricane Larry swept past Bermuda but left the island largely undamaged. The hurricane packed sustained winds of 92mph and brought rough seas in its wake. September also saw the grim death toll of Covid-19 continue to climb as the number of active c...

The pandemic-induced lockdowns of 2020 led to a surge in online overseas purchases by local residents. But any hopes of local retailers that shoppers would return to their old habits in 2021 were dashed - overseas purchases kept rising to new records...

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...

The latest Covid-19 wave from the Delta variant will sound the death knell for certain Bermuda businesses, economic analysts have surmised, and its effects will hamper the anticipated rebound. From the same document that theorises the under-reporting...

Dear Sir, The following is addressed to the Bermuda community. So far, the year 2021 has resulted in a sense of uncertainty across the globe. The ongoing Covid-19 pandemic, the change in political leadership in the United States and the ensuing econo...