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Imports, exports down to start 2016

Posted: Wednesday, March 30, 2016. 11:12 a.m. CST

import and exportBy Aaron Humes: Belize is both importing and exporting less goods to start the year.

For the first time in statistical history, all major export industries declined, marine products, citrus and sugar especially so.

However, the sugar fall is due not to prices but level of exports, which are expected to recover.

The free zone’s worries continue with less goods imported, while there is also less imports of fuel.

Inflation is positive for the first time in several months; unfortunately, that means Belizeans are paying more for food and housing rental as well as health and insurance costs and even hairdressing.

The Consumer price index is up 0.3 percent overall, with the north suffering the highest levels.

More on this coming later.

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