Results from the Statistical Institute of Belize’s most recent monthly Consumer Price Index (CPI) survey showed that, for June 2022, the All-Items CPI, which summarizes price levels across all categories of goods and services, stood at 110.5, up from 103.5 in June of 2021. This indicates that consumers experienced an overall national inflation rate1 of 6.7 percent on those goods and services most typically purchased by Belizean households. This was mainly due to higher prices for motor vehicle fuels, transportation services, food, liquefied petroleum gas (LPG), restaurant services, entrance fee to cinemas, and household cleaning products.
Click the following link to read more: Consumer Price Index, June 2022
Merchandise Trade
Belize’s total imports for June 2022 were valued at $226.6 million. This represented a significant increase of 19.8 percent or $37.4 million from imports for June 2021, which totaled $189.3 million. Merchandise imports for the first six months of this year, January to June 2022, amounted to $1.326 billion, representing a 39.6 percent or $376.4 million increase from the $949.5 million worth of goods imported during the same period last year.
Total domestic exports for June 2022 amounted to $59.7 million, an increase of 112.5 percent or $31.2 million compared to exports for June 2021, which were valued at $28.1 million. Exports for the period January to June 2022 totaled $251.8 million, up 25.9 percent or $51.9 million from the same period last year, when earnings from domestic exports totaled $200 million.
Click the following link to read more: External Trade, June 2022
