fbpx
148 Police officers honored in award ceremony
June 27, 2019
Man recharged for partner’s murder
June 27, 2019

Consumer prices unchanged for May 2019

Posted: Thursday, June 27, 2019. 1:51 pm CST.

By BBN Staff: There was virtually no change in the price of goods and services when comparing May 2019 to May 2018 according to the latest Consumer Price Index (CPI) produced by the Statistical Institute of Belize (SIB).

The latest CPI showed a 0.0 percent change in consumer prices, this does not mean that prices have not changed for specific items countrywide, but that those changes kept things within the same price parameters as last year.

The cost of international airfares was lower which resulted in an overall reduction of 1 percent in the Transport sector, while the  ‘Housing Water, Electricity, Gas and Other Fuels’ recorded a 0.7 percent decline during the period. “Food and Non-Alcoholic Beverages” were up by 0.5 percent, with 20 of the 27 items on the food basket showing price increases. These items included ground beef, beef steak, pork chops, pigtail, white sugar, rice, eggs, natural milk, onions, potatoes, cabbage, and Belikin Beer without the pint.

The “All other categories of goods and services” index also recorded a 0.6 percent increase.

Dangriga had the most favorable outcome for the month of May, with consumer prices doing down by 5.4 percent when compared to May 2018, the highest reduction in the country, followed by Corozal and then Belmopan with 0.6 and 0.4 percent reductions respectively. Punta Gorda
had the highest increase in consumer prices, 3.2 percent.  

 

 

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Belize ~ We offer fully customizable and flexible digital marketing packages. Your content is delivered instantly to thousands of users in Belize and abroad! Contact us at mаrkеtіng@brеаkіngbеlіzеnеwѕ.соm or call us at 501-601-0315.

 

© 2019, BreakingBelizeNews.com. Content is copyrighted and requires written permission for reprinting in online or print media. Theft of content without permission/payment is punishable by law.

Comments

  • Galen University
  • Belmopan Aggregates
  • larry waight
  • Belmopan Aggregates
  • cahal pech village resort
  • Galen University
  • Shindaiwa
  • Belmopan Aggregates