Hashtag: #RetailSalesIndex
Retail Sales Index: July 2013 Sales Increase 4%
According to the recently released Retail Sales Index, total retail sales in July 2013 increased 4% and after adjusting for the annual retail sales rate of inflation, measured at 1.8% in July 2013, the volume of retail sales increased by 2%. Consumers spent an estimated $99.2 million on retail goods during the month. Liquor stores and food stores registered... Read more of this article
Retail Sales Index: June 2013 Sales Drop 0.9%
Retail sales decreased 0.9 per cent during June 2013, and after adjusting for the annual retail sales rate of inflation, measured at 1.4 per cent in May 2013, the volume of retail sales fell by 2.2 per cent. Consumers spent an estimated $90.4 million on retail goods during the month. Retailers of service stations experienced the largest increase in... Read more of this article
Retail Sales Index: Sales Decline In April 2013
According to the recently released Retail Sales Index, total retail sales in April 2013 fell 1.2%, and after adjusting for inflation the volume of retail sales fell by 3.9%. Sales activity declined in all retail sectors with the exception of motor vehicle retailers and food stores which recorded increases of 4.4% and 2.5%, respectively. Retailers of... Read more of this article
Retail Sales Index: March Sales Drop 1%
Retail sales fell 1% during March 2013, according to the Retail Sales Index. Consumers spent $84.8 million on retail goods representing a decrease of $0.8 million year-over year. Among the retail sectors, motor vehicle dealers reported the largest decline in sales of 18% while receipts from food sales rose 7% compared to March 2012, while sales revenue... Read more of this article
February 2013 Retail Sales Decrease By 1.8%
Retail sales fell 1.8% [or by $1.3 million] during February 2013, and after adjusting for the annual retail sales rate of inflation [measured at 2.5% in February 2013] the volume of retail sales fell by 5.6%. Sales activity declined in all retail sectors with the exception of food stores which recorded a 3.9% increase in sales, while retailers of building... Read more of this article
January 2013: Retail Sales Increase 3.1%
Retail sales increased 3.1% — or by $2.3 million — during January 2013. Motor vehicle stores registered the largest gain in sales of 31.6%, while retailers of building materials reported the largest decline in sales of 30.2%. Residents returning to the Island declared overseas purchases valued at $4.4 million during January 2013, which was... Read more of this article
Retail Sales Decline 1% In December 2012
Retail sales fell 1.0% — or by $1.1 million — during December 2012. Motor vehicle stores registered the largest gain at 37.9%, while retailers of building materials reported the largest sales decline of 33.5%. The report attributed the reduction in building materials sales to “the near completion of major commercial construction projects... Read more of this article
November 2012: Liquor, Vehicles Sales Increase
Retail sales in November 2012 increased 1.3% when compared to the previous year, however after adjusting for the annual retail sales rate of inflation the volume of retail sales fell by 1.8%. The Retail Sales Index said: “Retail sales recovered by 1.3% or $1.1 million during November 2012. Sales activity increased in five of the seven retail sectors. “Liquor... Read more of this article
Retail Sales Increase 0.7% In October 2012
Retail sales in October 2012 edged up a fractional 0.7% or by $0.2 million. Among the broad retail sectors, motor vehicle stores posted the strongest sales activity of 43.3%, while retailers of building materials experienced a 24.4% dip in sales. Residents returning to the Island declared overseas purchases of goods valued at $5.3 million during October... Read more of this article
Retail Sales Rise 0.8%, Liquor Sales Up 25.5%
According to statistics just released, retail sales in September 2012 increased 0.8% [or $0.6 million] above the $81.9 million recorded in September 2011, with sales from liquor stores increasing 25.5%. Food sales jumped 10.9%, and the report said sales for both sectors were influenced by the Labour Day Holiday and preparations for the passage of Hurricane... Read more of this article
August Retail Sales Rise 0.5%, Liquor 19.6%
Retail sales in August 2012 rose 0.5% above the $84 million recorded in August 2011, with liquor stores leading the way with a 19.6% jump in sales. The report attributes the jump in liquor sales to the Cup Match Holiday. Residents returning to the Island declared overseas purchases of goods valued at $7.1 million during August 2012, which was 5.3% —... Read more of this article
July: Retail Sales Rise 6.2%, Vehicles 64.2%
[Updated] Retail sales in July 2012 rose 6.2% or $5.5 million above the $89.8 million recorded in July 2011, with motor vehicle retailers experiencing the largest increase at 64.2%. Residents returning to the Island declared overseas purchases of goods valued at $5.2 million during July 2012, 1.9% or $100,000 less than the $5.3 million declared in... Read more of this article
