Comments on: Retail Sales Increased 1.8% In May 2024

By: Question

Question — Sat, 28 Sep 2024 08:42:19 +0000

Still below where it was five years ago, and even that was a dismal PLP year. They have absolutely no idea whatsoever how to run and grow an economy.

By: Joe Bloggs

Joe Bloggs — Fri, 27 Sep 2024 13:03:09 +0000

“inflation – measured at 3.3% in May”

For the first time in a long time our reported inflation rate is equal to or in excess of inflation in the U.S. (3.3%), U.K. (2.0%), or Canada (2.9%) for a given period of time (May 2024).

And our Government was doing so well with our economy, keeping reported price inflation in Bermuda below that of the countries from where we obtain 90% of what we import.

By: Ringmaster

Ringmaster — Fri, 27 Sep 2024 12:29:56 +0000

A simplistic view of the above would seem to indicate food and liquor sales dropping = less people, and value overall increasing since 2020 but volume staying fairly static = inflation is greater than being announced, and the gap is widening.