Today, the Statistical Institute of Belize published its latest statistics on the consumer price index, external trade, 1st quarter Gross Domestic Product and the preliminary results for the April round of the 2017 Labour Force Survey.
Consumer Price Index
Figures released by the Institute show that the All-Items Consumer Price Index for May 2017 stood at 104.4, an increase from 103.7 in May 2016. On average, during this month in 2017, the prices of goods and services regularly purchased by Belizean households were 0.7 percent higher than they were in the same month of 2016. For the first five months of 2017, a year-to-date inflation rate of 1.7 percent was recorded.
Click the following link to read more: Consumer Price Index, May 2017
In May 2017, Belize imported goods valuing $161.3 million. This represented a 4.2 percent or $7.1 million decrease from the same month last year. Merchandise imports for the first five months of 2017 totaled $739.6 million, representing a 4.8 percent or $36.9 million decrease from the same period last year.
The total value of Belize’s domestic exports for the month of May 2017 was $72.6 million, up 28.9 percent or $16.3 million from the $56.3 million recorded for May 2016. Merchandise exports for the period January to May 2017 totaled $237.6 million, up $42.6 million from the same period last year.
Click the following link to read more: External Trade, May 2017
Gross Domestic Product
For the three months from January to March 2017, Belize’s economy saw a 2.1 percent increase in the overall level of production when compared to the same period in 2016. The total value of goods and services produced in Belize was $748.2 million, up $15.4 million from $732.8 million produced in the first quarter of 2016.
Click the following link to read more: Gross Domestic Product, 1st Quarter 2017
Preliminary findings of the Statistical Institute of Belize’s April 2017 Labour Force Survey show that, for this month, the total number of unemployed persons stood at an estimated 14,823. This represented an increase of over 2,000 persons since April 2016.The national unemployment rate stood at 9 percent, a marginal 1 percentage point from April 2016.
Click the following link to read more: Labour Force Survey, April 2017