Consumer Price Index
The Statistical Institute of Belize’s latest figures on consumer prices showed that, for the month of September 2020, the national inflation rate stood at 0.3 percent. This was mainly the result of higher home rental and food costs being balanced out by substantially lower prices for fuel and Liquefied Petroleum Gas (LPG). It should be noted that price changes occurring in goods and services not normally purchased by households in Belize, but which have seen an increase in demand due to the COVID-19 pandemic, may not be reflected in the CPI. The cumulative inflation rate for the first nine 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, September 2020
Merchandise Trade
Belize’s total imports for the month of September 2020 were valued at $112.1 million. This was a decrease of 21.1 percent or $29.9 million from imports for September 2019, which totaled $141.9 million. Merchandise imports for the first nine months of the year, January to September 2020, amounted to $1.2 billion, representing a 19 percent or $274.7 million decrease from the same period last year when imports totaled $1.4 billion.
Total domestic exports for September 2020 amounted to $47.6 million, up considerably by 35.4 percent or $12.4 million when compared to exports for September 2019, which were valued at $35.2 million. Merchandise exports for the period January to September 2020 totaled $300.2 million, down 10.3 percent, or $34.5 million from $334.6 million during the same period last year.
Click the following link to read more: External Trade, September 2020
