Retail Sales Increase 4.2% In September 2014

November 14, 2014

Retail sales in September 2014 were 4.2% higher than the $78.8 million recorded in September 2013, and after adjusting for the annual retail sales rate of inflation — 1.4% in September — the volume of retail sales increased by 2.8%.

All retail sectors recorded increased sales, with motor vehicle retailers recording the strongest increase in sales of 19.3%. Receipts from food sales increased 1.9%, while liquor stores reported an 8.6% rise in gross receipts during September 2014

Returning residents declared overseas purchases valued at $4.4 million, 10.2% lower than in September 2013. This contributed to a combined local and overseas spending total of $86.5 million.

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

Read More About

Category: All, Business, News, Politics

Comments (11)

Trackback URL | Comments RSS Feed

  1. Terry says:

    8.6% increase in liquor sales.

    I wonder why.
    Happy weekend folks.

  2. Terry says:

    Lickhar 8.6%?
    Damn…

  3. Mike H says:

    The tanker has started to turn around. Keep it going OBA!!

    • ….Surely you jest. says:

      Really? Then it must be champagne sales that are driving the liquor numbers up. Somehow I doubt it. The tanker has turned back which to some looks like improvement.

    • hmmm says:

      2 dislikes !!!

      I guess 2 people want the country to fail and their children to suffer.

      Probably some extremist political fantanatics. win at all costs, even if it cost us all our futures. aka suckers

    • Ian says:

      Just so I’m clear, everything that happens in Bermuda is because of the OBA? okay… gotcha…

      • jt says:

        No…don’t be silly. Port Royal is all PLP, for example.

      • Trulytruly says:

        Particularly if it involves rebuilding confidence in bermuda. Yes.

        • Ian says:

          Ahhh… so everything good = OBA and everything bad = PLP… gotcha…