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Consumer prices rise 0.4 percent, imports down 10.2 percent and domestic exports down 18.2 percent in December 2020

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Consumer Price Index

Results from the Statistical Institute of Belize’s most recent monthly Consumer Price Index (CPI) survey showed that, as of December 2020, the All-Items CPI stood at 100.7, an overall increase of 0.4 percent from 100.4 in December 2019. This indicates that, on average, prices for items comprising the basket of goods and services commonly purchased by Belizean households were 0.4 percent higher than they were last December. The cumulative inflation rate for the year 2020, when compared to 2019, stood at 0.1 percent.

Click the following link to read more: Consumer Price Index, December 2020

Merchandise Trade

Belize’s total imports for the month of December 2020 were valued at $145.9 million. This was a decrease of 10.2 percent or $16.6 million from imports for December 2019, which totaled $162.5 million. Merchandise imports for the year 2020 amounted to $1.6 billion, representing a considerable 20.2 percent or $397.6 million decrease from the total imports of almost $2 billion recorded for 2019.

Total domestic exports for December 2020 amounted to $21.3 million, down 18.2 percent or $4.7 million when compared to exports for the month of December 2019, which were valued at just over $26 million. Merchandise exports for the year 2020 totaled $367.8 million, down 11.1 percent or $46.1 million from the total exports of 2019, which amounted to almost $414 million.

Click the following link to read more: External Trade, December 2020

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