Hashtag: #RetailSalesIndex
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
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
