Today, the Statistical Institute of Belize published its latest statistics on the consumer price index, external trade, and the 4th quarter 2019 gross domestic product.
Consumer Price Index
Figures released by the Institute show that the All-Items Consumer Price Index stood at 105.0 in January 2020. An increase of 0.2 percent from 104.8 in January 2019. Lower prices for food items, home rentals and Liquefied Petroleum Gas (LPG) were slightly overshadowed by steep increases in international airfares and tertiary education fees, resulting in the small overall increase in consumer prices seen during the first month of the year.
Click the following link to read more: Consumer Price Index, January 2020
Merchandise Trade
In January 2020, Belize imported goods valuing $160.8 million. This represented a 0.6 percent or $1 million decrease from the same month last year.
The total value of Belize’s domestic exports for the month of January 2020 was just over $16 million, down significantly by 59.7 percent or $23.8 million from the $39.8 million recorded for January 2019.
Click the following link to read more: External Trade, January 2020
Gross Domestic Product
For the fourth quarter of 2019, Belize’s economy saw a 2.8 percent decrease in the overall level of production when compared to the same period in 2018. During the months of October to December 2019, the total value of goods and services produced within Belize were valued at $669.9 million, down $19 million from $689 million during the fourth quarter of 2018.
Click the following link to read more: Gross Domestic Product, 4th Quarter 2019
