Retail Sales Increased 3.6% In April 2025
After adjusting for the retail sales rate of inflation – measured at 0.8% in April – the overall volume of retail sales index increased 3.6% when compared to April 2024, according to the recently released Retail Sales Index.
A Government spokesperson said, “The Ministry of Economy and Labour released the April 2025 Retail Sales Index publication.
“April’s volume of retail sales index increased 3.6 per cent compared to last year. In value terms, retail sales increased to an estimated $107.3 million.
Chart extracted from the report:
“Six of the seven sectors recorded year-over-year volume index increases in April 2025:
- Food Stores’ sales volume increased 2.5 per cent.
- Motor Vehicle Stores’ sales volume rose 11.9 per cent.
- Service Stations’ sales volume rose 3.2 per cent.
- The sales volume for Building Material Stores increased 5.8 per cent.
- The sales volume at Apparel Stores increased 4.6 per cent.
- Sales volume increased 6.2 per cent in the All-Other Store Types sector [comprising stores selling household items, furniture, appliances, electronics, pharmaceuticals and tourist-related goods].
“The following sector had a decrease in sales volume compared to the previous year:
- The sales volume for Liquor Stores decreased 7.3 per cent.
“Selected overseas declarations increased 9.1 per cent compared to April 2024.”
The full April 2025 Retail Sales Index publication follows below [PDF here]:
“retail sales rate of inflation – measured at 0.8% in April”
Bermuda’s economic miracle continues according to the Ministry of Economy and Labour