Hashtag: #RetailSalesIndex

Retail Sales Decrease 2.9% In January 2019

Retail Sales Decrease 2.9% In January 2019

After adjusting for the retail sales rate of inflation – measured at 1.8% in January – the overall volume of retail sales declined 2.9%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with apparel stores recording the largest volume decrease of 22.8% followed by motor vehicle... Read more of this article

Retail Sales Decrease 5.3% In December 2018

Retail Sales Decrease 5.3% In December 2018

After adjusting for the retail sales rate of inflation – measured at 2.0% in December – the overall volume of retail sales declined 5.3%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with building material stores recording the largest volume decrease of 16.3% followed... Read more of this article

Retail Sales Decrease 2.3% In November 2018

Retail Sales Decrease 2.3% In November 2018

After adjusting for the retail sales rate of inflation – measured at 1.3% in November – the overall volume of retail sales declined 2.3%, according to the recently released Retail Sales Index. “Six of the seven retail sectors recorded declines in sales volume with motor vehicle retailers recording the largest volume decrease of 22.8%.... Read more of this article

OBA: Govt Must Outline Economic Stimulus Plan

OBA: Govt Must Outline Economic Stimulus Plan

“Government must urgently outline its economic stimulus plan and explain how it will increase the resident population as Bermuda cannot afford more falls in the retail sales volume without jeopardizing Bermudians’ jobs,” Shadow Finance Minister Nick Kempe said. Senator Kempe said, “Earlier this week, we had Walton Brown telling us that... Read more of this article

Retail Sales Decrease 0.4% In October 2018

Retail Sales Decrease 0.4% In October 2018

After adjusting for the retail sales rate of inflation – measured at 2.3% in October – the overall volume of retail sales decreased 0.4%, according to the recently released Retail Sales Index. “Three of the seven retail sectors recorded declines in sales volume with apparel stores recording the largest volume decrease of 7.8%. In contrast,... Read more of this article

Retail Sales Decrease 6.8% In September 2018

Retail Sales Decrease 6.8% In September 2018

After adjusting for the retail sales rate of inflation – measured at 2.2% in September – the overall volume of retail sales fell 6.8%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with motor vehicle stores recording the largest volume decrease of 31.3%. The second largest... Read more of this article

Retail Sales Decrease 4.3% In August 2018

Retail Sales Decrease 4.3% In August 2018

After adjusting for the retail sales rate of inflation – measured at 2.9% in August – the overall volume of retail sales fell 4.3%, according to the recently released Retail Sales Index. “Four of the seven retail sectors recorded declines in sales volume with motor vehicle stores recording the largest sales volume decrease of 29.0%. In... Read more of this article

Acting Premier: “Empty And Misleading Words”

Acting Premier: “Empty And Misleading Words”

“A chronic case of misleading, as usual,” Acting Premier Walter Roban said this evening [Oct 17] after Opposition Leader Craig Cannonier’s comments about the Retail Sales Index. “The Opposition Leader cannot reinvent OBA economic policies as part of his new strategy. The facts are that the enduring legacy of the America’s Cup to... Read more of this article

OBA: ‘Fall In Sales Should Set Bells Ringing’

OBA: ‘Fall In Sales Should Set Bells Ringing’

“Another fall in the volume of retail sales  should set alarm bells ringing,” Opposition Leader Craig Cannonier said today, with Mr Cannonier going on to ask if the Government has a “plan to reverse this alarming drop.” His comments follow after the release of the Retail Sales Index earlier today, which indicated that the overall... Read more of this article

Retail Sales Decrease 4.9% In July 2018

Retail Sales Decrease 4.9% In July 2018

After adjusting for the retail sales rate of inflation, measured at 3.3% in July – the overall volume of retail sales fell 4.9%, according to the recently released Retail Sales Index. “Six of the seven retail sectors recorded declines in sales volume with motor vehicle stores recording the largest sales volume decrease of 20.8%. In contrast,... Read more of this article

Retail Sales Decrease 10% In June 2018

Retail Sales Decrease 10% In June 2018

After adjusting for the retail sales rate of inflation, measured at 3.1% in June – the overall volume of retail sales fell 10%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with apparel stores experiencing the largest sales volume decrease of 28.6%,” the report said. Chart extracted... Read more of this article

Retail Sales Decrease 4.4% In May 2018

Retail Sales Decrease 4.4% In May 2018

[Updated] After adjusting for the retail sales rate of inflation, measured at 2.7% in May, the overall volume of retail sales contracted 4.4%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with the largest sales volume decrease being apparel stores at 10.6%,” the report said. “In value... Read more of this article

Retail Sales Decrease 7.8% In April 2018

Retail Sales Decrease 7.8% In April 2018

After adjusting for the retail sales rate of inflation, measured at 2.7% in April – the overall volume of retail sales weakened 7.8%, according to the recently released Retail Sales Index. “Five of the seven retail sectors recorded declines in sales volume with the largest sales volume decrease being reported for liquor stores at 19.4%,” the... Read more of this article