Retail Sales Decreased 1.5% In July 2025
After adjusting for the retail sales rate of inflation – measured at 1.6% in July – the overall volume of retail sales index decreased 1.5% when compared to July 2024, according to the recently released Retail Sales Index.
A Government spokesperson said, “Today, the Ministry of Economy and Labour released the July 2025 Retail Sales Index publication.
“July’s volume of retail sales index decreased 1.5 per cent compared to last year. In value terms, retail sales increased to an estimated $117.3 million.
Chart extracted from the report:
“Four of the seven sectors recorded year-over-year volume index decreases in July 2025:
- Liquor Stores’ sales volume decreased 1.4 per cent.
- The sales volume for Building Material Stores decreased 4.3 per cent.
- The sales volume at Apparel Stores decreased 5.9 per cent.
- Sales volume decreased 4.8 per cent in the All-Other Store Types sector [comprising stores selling household items, furniture, appliances, electronics, pharmaceuticals and tourist-related goods].
“The following three sectors had increases in sales volume compared to the previous year:
- The sales volume for Food Stores increased 0.3 per cent.
- Motor Vehicle Stores’ sales volume rose 25.7 per cent.
- Service Stations’ sales volume rose 3.4 per cent.
“Selected overseas declarations decreased 12.0 per cent compared to July 2024.”
The full July 2025 Retail Sales Index publication follows below [PDF here]:
“July’s volume of retail sales index decreased 1.5 per cent compared to last year.”
Could that have anything to do with people emigrating from Bermuda?