Retail Sales Increased 1.4% In Oct 2024

February 14, 2025 | 1 Comment

The Ministry of Economy and Labour released the October 2024 Retail Sales Index publication.

A Government spokesperson said, “October’s volume of retail sales index increased 1.4 per cent compared to last year. In value terms, retail sales increased to an estimated $104.1 million.

Chart extracted from the report:

October Retail Sales Chart Bermuda Feb 2025

“Four of the seven sectors recorded a year-over-year volume index increase in October 2024:

  • The Food Stores’ sales volume grew 3.8 per cent.
  • Service Station’s sales volume increased 2.3 per cent.
  • The sales volume for Building Material Stores increased 13.4 per cent.
  • The sales volume at Apparel Stores increased 3.9 per cent.

“The following sectors had a decrease in sales volume compared to the previous year:

  • The Liquor Stores’ sales volume fell 2.5 per cent.
  • The sales volume for Motor Vehicle Stores decreased 1.1 per cent.
  • In the All Other Store Types sector [comprising stores selling household items, furniture, appliances, electronics, pharmaceuticals and tourist-related goods], there was a 1.9 per cent decline in sales volume.

“Selected overseas declarations increased 11.4 per cent compared to October 2023.”

The full October 2024 Retail Sales Index publication follows below [PDF here]:

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Comments (1)

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  1. PAC MAN says:

    Got to take Liquor stores off as they record they do not belong the drinks have age and driving limits
    that stuff over time kills people , a slow death .
    i know !so do cars trucks an bikes .

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