July Consumer Price Index: Inflation 2.0%
Consumers paid 2.0% more in July than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI].
A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ July 2025 Consumer Price Index.
“In summary, consumers paid 2.0 per cent more in July 2025 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. This level of inflation increased 0.3 percentage points from the June 2025 annual inflation rate. Some highlights for July 2024 to July 2025 include:
- The Rent division increased 2.4 per cent.
- The Health & Personal Care division rose 3.8 per cent.
- The Transport & Foreign Travel division increased 2.6 per cent.
- The Fuel & Power division increased 4.3 per cent.
- The Food division advanced 1.1 per cent.
“Between June 2025 and July 2025, the average cost of goods and services increased 0.4 per cent. Additional areas of note between June 2025 and July 2025 were as follows:
- The Transport & Foreign Travel division increased 2.1 per cent.
- The Clothing & Footwear division increased 2.6 per cent.
- The Rent division rose 0.2 per cent.
- The Food division rose 0.1 per cent.”
The full July 2025 Consumer Price Index follows below [PDF here]:
By way of comparison, retail price inflation in July 2025 was 3.8% in the U.K., 2.7% in the U.S., and 3.1% in Canada.
Once again, Bermuda is defying generally accepted economic theories.
The report shows inflation hit a 2% increase while there was a decrease in sales of 1.5 %. now we are getting some were with a 1.5% decrease in sales just don’t buy junk. some clothes are rotted before they get on the hanger .
What matters are the number we are sending them a message.
They know what they are increasing to the cost of living and we know we can do without that increase of 10 % i keep referring too and more.
We hope less but it is is still with us on major items this may seem weird but true.
As it apears 2% every month is 24 % for the year it they are going to get their pound of flesh if you let them.
By the way discounts how ever small are a marketing ploy, just to get you in their doors, sales do the same thing as the price went up last week , given time we do not have any progress as we have to get the cost of living down .
WE can not go on living this way ! A life lived in freat is a life half lived .
Have not seen any reduction on the cost of gas as our price at the pump is beyond redicouse and was never fair.
using the debit card is very tempting try parting with cash is whole new ball game . i know money is not a game it is real.
They should introduce monopoly in schools.
One secret is not having big bills in your wallet. if you have a loan that is hurting you always pay what you can.
that may increase your credit rating.
l know what your heavy months are, alway pay something.
Yesterday i payed a bundle for T.C.D fees and vehicle insurance.
Keeping up with a mortgage an land tax is hard going
I think of the mortgage as taking money out of your left pocket and putting in you right pocket or paying your self, mortgages need to be over before your retire. would a small pension draw down work for you.
Rretirement has its down sides the more you do the longer you will love .