The latest figures from the Statistical Institute of Belize show that theconsumer price index rose 1.3 percent in June. The increase was caused by higher transport and home rental prices. Rent went up in San Ignacio/Santa Elena, Orange Walk and Dangriga Towns. And the change in transport prices wasn't due to bus fares - which are stable - but due to higher international airfares and motor vehicle prices.
The price of vegetables continued to go up due to short supply of cabbage, however, these were offset by decreases in the price of rice, breakfast cereals, pasta and eggs.
Punta Gorda and Belize City recorded the lowest inflation rates at less than one percent while prices in San Ignacio/Santa Elena increased 2.4 percent, almost twice national average.
And while that's the story for inflation, in trade June 2014 was the very first month in over a year that there was an increase in the value of Belize's domestic exports. Exports increased by 20 percent with sugar being single largest export earner, with sales increasing by almost 50 percent to $19 million.
Email
Print