7 News Belize

Inflation Trickles Up Due To Fuel
posted (November 30, 2016)

And while the price of beer is stable, inflation is not. In October of 2016, the consumer price index jogged up 0.7%.  The increase is driven mostly by fuel which was up more than a dollar when compared to October of 2015.  Here’s how the inflation figures looked in different municipalities across the country.

Jacqueline Sabal - Statistician II, SIB
"For October of 2016 all municipalities recorded higher consumer prices for the month with the exception of Dangriga and Punta Gorda. These were the only 2 municipalities reporting over all decreases in the transport index. Corozal town once again had the highest increase in home rental prices at 9% and as a result the highest inflation rate of 2% for the month of October. Guatemala reported the highest rate at 4.8% while prices are actually falling by 0.9% in El Salvador. Belize falls somewhere in the middle at 0.7% alongside Honduras at 2.8, Nicaragua at 3.4%, Costa Rica at 0.6%, Panama at 1.4 and Jamaica at 1.8%."
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For all the statistics in detail, you can log unto SIB.ORG.BZ.

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