Bermuda: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 0.88 percent as of February 2024, a decline compared to the previous value of 3.81 percent. Historically, the average for Bermuda from January 2015 to February 2024 is -0.38 percent. The minimum of -30.55 percent was recorded in April 2020, while the maximum of 26.21 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Department of Statistics of Bermuda
| Recent values | Bermuda: Retail sales Y-on-Y |
|---|---|
| 2024 Feb | 0.88 |
| 2024 Jan | 3.81 |
| 2023 Dec | -2.15 |
| 2023 Nov | 5.16 |
| 2023 Oct | -1 |
| 2023 Sep | -1.35 |
| 2023 Aug | -4.24 |
| 2023 Jul | 0.9 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Retail sales | 80.30 | 2/2024 | index points |
| Retail sales Y-on-Y | 0.88 | 2/2024 | percent |