Unemployment rate at 5 percent in October 2022, economy grew by 12.8 percent in third quarter of 2022, consumer prices up 6.5 percent, and both imports and exports up 28.4 percent and 33.1 percent respectively

The most recent data from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey indicated that, for November 2022, the All-items CPI, which summarizes price levels for all categories of consumer goods and services, stood at 113.0, an increase from 106.1 recorded in November 2021. This indicates that the country experienced an overall national inflation rate of 6.5 percent on the cost of goods and services regularly purchased by Belizean households. As food prices continued to rise rapidly, the category of ‘Food and Non-Alcoholic Beverages’ accounted for more than two-fifths of the overall national inflation for the month, followed by ‘Transport,’ which accounted for more than one-third of the country’s inflation for November. The year-to-date inflation rate for the first eleven months of 2022, compared to the same period in 2021, stood at 6.2 percent.

Click the following link to read more: Consumer Price Index, November 2022

Merchandise Trade

Gross Domestic Product

Click the following link to read more: Labour Force Survey, October 2022