Hashtag: #RetailSalesIndex
Retail Sales Rise 0.5% In June 2012
According to the latest Retail Sales Index released by the Department of Statistics this morning [Aug 20], total retail sales in June 2012 rose 0.5%. Liquor stores showed an increase of 9.5%, food stores increased 8.7%; retailers of furniture, appliances & electronics reported an increase of 4.9%.During the same period, sales for tourist-related... Read more of this article
Retail Sales Rise 0.7% In May 2012
Total retail sales in May 2012 rose 0.7%. Consumers spent $83.2 million on retail goods representing an increase of $0.5 million year over-year. Liquor stores, all other store types, and building material stores all registered increases in sales. In contrast, motor vehicle dealers, apparel stores, service stations and food stores reported lower sales... Read more of this article
Retail Sales Fall 4.5% In April 2012
Total retail sales in April 2012 fell 4.5%, according to statistics released this morning [June 21] by the Department of Statistics. Consumers spent $82.3 million on retail goods representing a decrease of $3.9 million year-over year. All sectors experienced year-over-year declines with the exception of building material stores which reported a marginal... Read more of this article
Retail Sales Rise 1.9%, Liquor Sales Up 15.4%
Retail sales rose 1.9% in March 2012 to an estimated $85.6 million, with liquor sales showing the strongest increase at 15.4%. In contrast, motor vehicle dealers reported the largest decline in sales of 21.7%. Returning residents declared overseas purchases of goods valued at $3.6 million during March 2012. This was 16.3% lower than the $4.3 million... Read more of this article
Retail Sales Rise 0.2%, First Since 2008
According to statistics released this morning [Apr.12], retail sales edged up 0.2% in February 2012, marking the first month of positive sales since December 2008. Consumers spent $70.3 million on retail goods representing a marginal increase of $0.1 million when compared to February 2011. Among the retail sectors, sales of building materials were... Read more of this article
Retail Sales Drop 2.3%, Car Sales 29%
In January 2012 local retail sales fell by 2.3% to $73.0 million, according to statistics released by the Department of Statistics this morning [Mar.21.]. Retailers of building materials registered the largest gain in sales of 10.7%, and on the opposing end motor vehicle sales had the strongest dip in sales of 29.3%. There were 38 fewer cars sold in... Read more of this article
Retail Sales Drop In December
Bermuda’s retail sales slumped by almost four percent on an inflation-adjusted basis in December, with new car sales registering a 35 percent drop. Local retail sales totalled $105.7 million during December, 2011. This represented a decrease of 0.8 per cent or $0.9 million less than in December, 2010. Sales activity increased in five of the seven... Read more of this article
November Retail Sales Drop 2.7%
Local retail sales decreased by 2.7% while overseas purchases declined 25% in November 2011, according to a report released by the Department of Statistics this morning. During November 2011, consumers spent an estimated $81.5 million on goods and services in the retail sector, a decrease of $2.3 million less [-2.7%] than November 2010. Sales of building... Read more of this article
Retail Sales Drop $4.9 Million
Retail sales for the third quarter of 2011 [July, August and September] were estimated at $257.3 million – a $4.9 million decrease when compared to the third quarter of 2010. According to data released this morning [Jan.5] by the Department of Statistics three of the the seven retail sectors recorded increases in sales: service stations, apparel... Read more of this article
Retail Sales Fall 3% In October
Consumers spent an estimated $81.7 million on retail goods during October 2011, a decrease of $2.5 million [3%] compared to last year. Retailers of building materials, apparel stores and service stations recorded growth, while the motor vehicle sector registered the largest decline in sales of 40.6%. Residents returning to the Island declared overseas... Read more of this article
Sales: Building Materials Up, Vehicles Down
Retail sales in September 2011 decreased by 0.1 percent below the $82.7 million recorded in September 2010 with vehicle sales experiencing the largest decline, according to data released this morning [Nov.25] by the Department of Statistics. Retailers of building materials recorded the strongest growth with an increase in sales of 14.4 percent, which... Read more of this article
GDP Figures ‘Not Unanticipated’
Despite sharp contractions in some areas of the economy, Bermuda’s gross domestic product [GDP] only shrank marginally between 2009 and 2010 new figures released today [Nov. 24] by the Department of Statistics reveal. In 2010, the GDP or total value of goods and services produced locally in Bermuda totaled close to $6 billion, a fractional decline... Read more of this article
