In terms of dollars and cents, retail sales in February decreased 2.5 percent to $79.8 million.
Imports via courier increased $0.9 million to $11.6 million, while residents returning by air from overseas declared $3.3 million of overseas purchases.
Household imports that came by sea were $0.6 million – goods imported via the post office totalled $0.4 million.
The 16.7 percent decline in motor vehicle sales represented 17.9 percent in sales receipts.
Apparel Stores came in for a 7.2 percent drop in sales with the value of sales dipping 4.6 percent.
Service stations also experienced a 5.1 percent dip in sales and 5.6 percent in value. Sales for building material were down 4 percent.
Liquor store sales dropped 3.3 percent in volume.
All other store types encountered a 4.8 percent decline in sales volume, while the value of sales of miscellaneous goods dipped significantly by 41.1 percent.
Drug store sales at local pharmacies went up 0.9 percent and retail sales in electronics, furniture and appliances increased 2.4 percent.
Sales value for marine and boat suppliers came in for a 50 percent boost as a result of higher sales of boats and engines when compared to February 2018.
Overall, the Retail Sales Index was 80.3.
Within the past three years, the biggest year-on-year increase in Bermuda’s sales volume was recorded in the summer of 2017 during the America’s Cup.
Highlighted below are the February 2019 year-over-year changes for each of the seven local retail sectors:
- Motor Vehicle Stores’ sales volume fell 16.7 per cent.
- Apparel Stores’ sales volume decreased 7.2 per cent.
- Service Stations’ sales volume down 5.1 per cent.
- All Other Store Types’ sales volume declined 4.8 per cent.
- Building Material Stores’ sales volume declined 4.0 per cent.
- Liquor Stores’ sales volume declined 3.3 per cent.
- Food Stores’ sales volume declined 2.0 per cent.