November 2014 Retail Sales Report Released

January 15, 2015

The total retail sales index was 1.4 per cent higher than the level reached in November 2013, and after adjusting for the annual retail sales rate of inflation, measured at 2.2 per cent in November, the volume of retail sales decreased by 0.8 per cent.

According to the November 2014 Retail Sales Index released by the Department of Statistics, motor vehicle retailers recorded the largest increase in sales, advancing 11.3 per cent. In contrast, building material stores registered the largest decrease of 2.9 per cent.

Returning residents declared overseas purchases valued at $6.0 million, 1.6 per cent lower than in November 2013. This contributed to a combined  local and overseas spending total of $93.0 million.

The full November 2014 Retail Sales Index is below [PDF here]:

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  1. Jeremy Deacon says:

    I will be interested to see what Bermuda’s inflation rate is like for January and the effect falling fuel prices have had.