Consumer Price Index

The Statistical Institute of Belize’s latest figures on consumer prices showed that, for the month of August 2020, the national inflation rate stood at 0.1 percent. Higher prices for various food items as well as home rental costs were balanced out by lower prices for fuel and Liquefied Petroleum Gas (LPG). The All-Items CPI, which summarizes changes across all categories of goods and services, stood at 105.4 in August 2020, a slight increase from 105.3 in August 2019. The cumulative inflation rate for the first eight months of 2020, when compared to the same period in 2019, stood at 0.1 percent

Click the following link to read more: Consumer Price Index, August 2020

Merchandise Trade

Belize’s total imports for the month of August 2020 were valued at $143.7 million. This was a decrease of 15.2 percent or $25.8 million from imports for August 2019, which totaled $169.5 million. Merchandise imports for the first eight months of the year, January to August 2020, amounted to $1.1 billion, representing an 18.8 percent or $244.8 million decrease from the same period last year when imports totaled $1.3 billion.

Total domestic exports for August 2020 amounted to $32.1 million, down by a sizeable 29.7 percent or $13.6 million when compared to exports for August 2019, which were valued at $45.7 million. Merchandise exports for the period January to August 2020 totaled $252.5 million, down 15.7 percent or $46.9 million from $299.4 million during the same period last year.

Click the following link to read more: External Trade, August 2020