September 2017 – Prices up 0.7%, Imports down 7.2%, and Domestic Exports up 126.6%

Today, the Statistical Institute of Belize published its latest statistics on the consumer price index and external trade for the country of Belize.

Consumer Price Index

The All-Items Consumer Price Index for September 2017 stood at 104.4, an increase from 103.7 in September 2016. On average, during this month in 2017, the prices of goods and services regularly purchased by Belizean households were 0.7 percent higher than they were in the same month of 2016. Across the seven municipalities, Dangriga once again recorded the highest increase in consumer prices for the month at 2.3 percent. For the first nine months of 2017, a year-to-date inflation rate of 1.2 percent was recorded.

Click the following link to read more: Consumer Price Index, September 2017

Merchandise Trade

During the month of September 2017, Belize imported goods valuing $144.5 million. This represented a 7.2 percent or $11.3 million decrease from the same period last year. Merchandise imports for the first nine months of 2017 totaled $1.3 billion, representing a 6 percent or $85.3 million decrease from the same period last year.The total value of Belize’s domestic exports for the month of September 2017 was $48.5 million, which was more than twice that recorded for September 2016, which amounted to $21.4 million. A shipment of bulk sugar for the month was the source of the significant jump in export earnings. Merchandise exports for the period January to September 2017 totaled $375.9 million, up 9.7 percent or $33.3 million from the same period last year.
Click the following link to read more: External Trade, September 2017

September 2017 – Prices up 0.7%, Imports down 7.2%, and Domestic Exports up 126.6%

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