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Consumer prices increase 4.6 percent, imports down 13.6 percent and domestic exports up 9.6 percent in April 2023

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Consumer Price Index

Results from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey showed that, for April 2023, the All-Items CPI, which summarizes price levels across all consumer goods and services categories, stood at 113.9. This was up from 108.9 in April 2022, indicating that the overall national inflation rate for April 2023 was 4.6 percent, the lowest recorded since early 2021. The year-to-date inflation rate for the first four months of 2023, compared to the same period in 2022, stood at 5.9 percent.

Click the following link to read more: Consumer Price Index, April 2023

Merchandise Trade

Belize’s total imports for April 2023 were valued at $201.9 million. This decreased 13.6 percent or $31.8 million from imports for April 2022, which totaled $233.6 million. Merchandise imports for the first four months, January to April 2023, amounted to $852.1 million, down by a marginal 0.6 percent or $5 million from last year, when total imports were valued at $857.1 million.

Total domestic exports for April 2023 amounted to $45.9 million, up by 9.6 percent or $4 million compared to exports for April 2022, valued at $41.9 million. From January to April 2023, merchandise exports totaled $123.9 million, down 11.8 percent or $16.6 million from $140.5 million during the same period last year.

Click the following link to read more: External Trade, April 2023

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