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Home-builders/contractors to feel the pinch, Cement prices going up!

Posted: Wednesday, May 30, 2018.  1:00 p.m. CST.

By BBN Staff:  The list of goods and items increasing in price seemingly goes up by the day as information to BBN indicates that Belizeans will face yet another increase for this year.

Today, the staff of Pedro Lizarraga and Sons Limited, the largest cement importer in Belize informed customers that effective Friday, June 1, 2018, there will be an increase in prices for cement.

Sources to BBN indicate that each bag of cement will see a 50 cent increase on the regular price.

Many hardware stores across Belize depend on the importer to purchase cement by wholesale amounts and sell retail to customers who are constructing their homes.

Since the start of the year, Belize has faced a series of constant gas price hikes which causes a trickle-down effect on the price of products.

The price of cable will also go up in June as was officially announced by the association of cable operators.

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