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Prices for short bus runs records reduction of 9%

Posted: Saturday, December 2, 2023. 2:03 pm CST.

By Zoila Palma Gonzalez: Data from the Statistical Institute of Belize (SIB) showed that prices for short bus runs recorded a reduction of 9.3%.

The overall Transport category was down in comparison to October of 2022.

Prices fell by 3.6% with premium gasoline registering a decrease of $2.46, from $17.01 in October of last year to $14.54 in October of this year.

In addition, diesel fell by $0.12, from $13.46 to $13.33.

However, a slight increase was recorded in the cost of regular gasoline, from $13.38 in October 2022 to $13.48 in October 2023.

Prices for new motor vehicles increased by 6.3 percent during October 2023, when compared to October 2022.

 

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