Consumer Price Index
Figures released by the Institute show that the All-Items Consumer Price Index for December 2018 stood at 105.0, a decrease of 0.1 percent from 105.1 in December 2017. On average, during this month in 2018, the prices of goods and services regularly purchased by Belizean households were 0.1 percent lower than they were in the same month of 2017. For the year 2018, an overall annual inflation rate of 0.3 percent was recorded.
Click the following link to read more: Consumer Price Index, December 2018
Merchandise Trade
In December 2018, Belize imported goods valuing $152.8 million. This represented an 8.6 percent or $14.4 million decrease from the same month last year. This overall downturn resulted from decreased imports across most commodity categories, with imports of ‘Machinery and Transport Equipment’ falling most significantly for the month. Merchandise imports for 2018, amounted to $1.9 billion, representing a 4.6 percent or $83.7 million increase from 2017.
The total value of Belize’s domestic exports for the month of December 2018 was $22.2 million, up 41.7 percent from the $15.7 million recorded for December 2017. For the final month of the year 2018, the country’s domestic exports saw boosted earnings from all major commodities, with the exception of crude petroleum, for which there were no recorded exports in either December 2017 or 2018. Merchandise exports for 2018 totalled $398.7 million, down 10.5 percent or $46.9 million from 2017.
Click the following link to read more: External Trade, December 2018
