fbpx
Service and manufacturing boost GDP as primary industries hit by drought
November 27, 2019
Sixteen Days of Activism launch Anti-Violence Project
November 27, 2019

Prices stable, inflation holding steady

Posted: Wednesday, November 27, 2019. 2:00 pm CST.

By Aaron Humes: Prices continue to be mostly stable countrywide, according to the Statistical Institute of Belize (SIB).

For the month of October, the Consumer Price Index (CPI) was down a tenth of a percentage point from last year and for the first ten months of 2019 it is up 0.2 percent.

Food prices rose slightly, balanced by lower air travel and fuel prices. Belizeans are also paying more for amenities and luxuries such as clothing and sporting and concert events.

Belize is holding its own in the region as one of three countries (El Salvador and Panama are the others) to have negative inflation rates in October.

Closer to home, the Twin Towns reported negative inflation of almost 3 percent, but Orange Walk Town saw prices rise by nearly 3 percent as well.

 

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