According to the Statistical Institute of Belize, inflation in Belize
for the year through May 2010 was only 1.8%. While the cost of
transportation was up, due to rises in the cost of fuel, food costs
were down. Food, beverage and tobacco registered a decrease of 2.5%.
Prices for staples including rice, beans, flour, cooking oil, eggs and
powdered milk all went down by at least 10%.
from Lan Sluder, BelizeFirst.com