Consumer Price Index
Figures released by the Institute show that the All-Items Consumer Price Index for May 2020 stood at 105.1. This was unchanged from the All-Items CPI that was recorded in May 2019. However, this does not indicate that there were no changes in the prices of items within the basket of selected goods and services commonly purchased by Belizean households when compared to last May. Higher prices for a number of basic food items as well as home rental costs were balanced out by significant reductions in prices for fuel and liquefied petroleum gas during the month. The cumulative inflation rate for the first five months of 2020, when compared to the same period in 2019, stood at 0.2 percent.
Click the following link to read more: Consumer Price Index, May 2020
Merchandise Trade
In May 2020, Belize imported goods valuing $102.1 million. This represented a dramatic decrease of 39.7 percent or $67.3 million from the same month last year. Merchandise imports for the first five months of this year, January to May 2020, amounted to almost $690 million, representing a 10.6 percent or $81.8 million decrease from the same period last year.
The total value of Belize’s domestic exports for May 2020 amounted to almost 37 million, down by a negligible 0.8 percent or $0.3 million when compared to exports for May 2019, which were valued at 37.3 million. Merchandise exports for the first five months of this year, January to May 2020, amounted to $149.3 million, down 16 percent or $28.4 million from the same period last year.
Click the following link to read more: External Trade, May 2020
