And while beer production is down, inflation is up. That means goods and services regularly purchased by households in Belize cost 2.3 percent more during the month of February 2017 than in February of 2016. As the SIB statistician explained, the increase was driven mainly by rising transport costs:…
Jacqueline Sabal - Statistician II, SIB
"There's a very large increase in transport. In February 2017 compared to February 2016. Food prices did decrease as you can see but not enough to bring down the all items index. Transport by air played a major role in the movement of the transport index. Across all municipalities everyone recorded an increase in consumer prices. Belmopan recorded the highest inflation rate at 3.5 percent with Dangriga not too far behind at 3.3 percent."
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