Hashtag: #RetailSalesIndex
Retail Sales Decrease 2.2% In July 2014
Retail sales in July 2014 decreased 2.2% below the $99.1 million recorded in July 2013, and after adjusting for the annual retail sales rate of inflation the volume of retail sales decreased by 3.9%, according to the latest report from the Department of Statistics. The report said, “Building material stores registered the largest decrease in sales... Read more of this article
Retail Sales Decreased 1.6% In June 2014
Retail sales in June 2014 decreased 1.6 per cent below the $90.1 million recorded in June 2013, and after adjusting for the annual retail sales rate of inflation [measured at 1.6 per cent in June] the volume of retail sales decreased by 3.1 per cent. All retail sectors experienced declines in sales revenue with the exception of motor vehicle retailers... Read more of this article
Retail Sales Increase 1.8%, Vehicles 31.3%
Retail sales in May 2014 increased 1.8% or $1.5 million above the $85.9 million recorded in May 2013, and after adjusting for inflation, the volume of retail sales increased by 0.2%. All retail sectors experienced increases with the exception of building material stores and service stations. Motor vehicle retailers registered the largest increase in... Read more of this article
Retail Sales Increase 5.4%, Liquor Sales 26.4%
Retail sales in April 2014 rose 5.4% or $4.4 million above the $81.9 million recorded in April 2013, and after adjusting for inflation, the volume of retail sales increased by 3.7%. Liquor stores registered the largest gain in sales — increasing 26.4% — which the report attributed to the Easter holiday being celebrated in April this year... Read more of this article
Retail Sales Decrease 2.3% In March 2014
Retail sales in March 2014 fell 2.3% or $1.9 million below the $84.5 million recorded in March 2013, and after adjusting for inflation, the volume of retail sales decreased by 4.1%. Consumer demand weakened in all retail sectors, with sales of building materials registering the largest decline of 19.2%. In contrast, motor vehicle stores registered... Read more of this article
Retail Sales Increase 1.4% In February 2014
Total retail sales in February 2014 increased 1.4% with consumers spending an estimated $71.2 million on retail goods during the month. Motor vehicle retailers registered the largest increase in sales of 42.3% and in contrast, retailers of apparel stores reported the largest decrease in sales of 5%. Residents returning to the island declared overseas... Read more of this article
Liquor Sales Jump 10.4%, Car Sales Up 20.6%
Sales of motor vehicles jumped 20.6 per cent in January 2014, while liquor stores reported a 10.4 per cent jump which was attributed to Sunday alcohol sales. Total retail sales in January 2014 increased 1.1 per cent, and after adjusting for the annual retail sales rate of inflation, measured at 0.8 per cent in January, the volume of retail sales increased... Read more of this article
Retail Sales Decline 2.2% In December 2013
Total retail sales in December fell 2.2% with consumers spending an estimated $101.5 million on retail goods during the month. Motor vehicle retailers registered the largest decrease in sales of 10.8%. In contrast, retailers of building materials reported the largest increase in sales of 2.4%. Residents returning to the Island declared overseas purchases... Read more of this article
November 2013: Bermuda Retail Sales Increase
Total retail sales in November 2013 rose 4.7 per cent, and after adjusting for inflation [measured at 0.8 per cent in November] the volume of retail sales increased by 3.7 per cent. Consumers spent an estimated $85.7 million on retail goods during the month. Of the seven retail sectors, all experienced increases with the exception of service stations... Read more of this article
Retail Sales Increase 0.1% In October 2013
Total retail sales in October 2013 edged up 0.1%, and after adjusting for the annual retail sales rate of inflation [measured at 1.1% in October] the volume of retail sales decreased by 0.9%. Consumers spent an estimated $81.9 million on retail goods during the month. Among the seven retail sectors, motor vehicle retailers registered the largest increase... Read more of this article
Retail Sales Decline 4.4% In September 2013
Total retail sales in September 2013 decreased 4.4%, and after adjusting for the annual retail sales rate of inflation [measured at 2% in September] the volume of retail sales fell by 6.3%. All retail sectors registered declines in retail sales with the exception of motor vehicle retailers and apparel stores. Retailers of building materials recorded... Read more of this article
August 2013: Retail Sales Decline In All Sectors
According to the Retail Sales Index, total retail sales in August 2013 fell 3.2%, and after adjusting for the annual retail sales rate of inflation [measured at 1% in August 2013] the volume of retail sales decreased by 4.1% All retail sectors registered declines in retail sales during August 2013, with retailers of building materials recording the... Read more of this article
