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Consumer prices down 0.2%, imports up 12.3% and domestic exports up 56.1% in January 2019

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Consumer Price Index

Figures released by the Institute show that the All-Items Consumer Price Index for January 2019 stood at 104.8, a decrease of 0.2 percent from 105.0 in January 2018. On average, during this month in 2019, the prices of goods and services regularly purchased by Belizean households were 0.2 percent lower than they were in the same month of 2018.

Click the following link to read more: Consumer Price Index, January 2019

 

Merchandise Trade

In January 2019, Belize imported goods valuing $161.8 million. This represented a 12.3 percent or $17.7 million increase from the same month last year. The first month of the year saw greater imports across several commodity categories. Importation of ‘Manufactured Goods’ grew most significantly by 34 percent or more than $6 million, from $17.7 million in January 2018 to $23.7 million in January 2019, on account of heightened purchases of galvalume steel coils, various articles made of iron or steel, carton boxes and corrugated steel rods.

The total value of Belize’s domestic exports for the month of January 2019 was $39.7 million, up 56.1 percent from the $25.4 million recorded for January 2018. A substantial increase in export earnings from sugar was the primary reason for this considerable growth during the month. Revenues from sugar rose sharply by $14.8 million, from $2.6 million in January of 2018 to $17.4 million in January 2019, owing largely to varying schedules for the shipment of bulk sugar.

Click the following link to read more: External Trade, January 2019

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