Statistical Institute of Belize’s first Consumer Confidence Index suggests Belizeans have moderate confidence on economic outlook in first months of 2024
March 27, 2024
Ranchito, Copperbank win in Corozal 1st Division Championship; 3rd match suspended after attack on referee
March 27, 2024

Consumer Price Index: Prices 4.1 percent higher than last year but generally trending down

Posted: Wednesday, March 27, 2024. 6:28 pm CST.

By Aaron Humes: Prices continue to trend up compared to 2023 according to the Statistical Institute of Belize (SIB), but have been on a general downturn since 2022.

Prices for food rose 7.5 percent and restaurants and accommodation services by 12 percent but transport went down nearly 2 percent.

Milks, fruits and vegetables and even sugar recorded price increases (the latter due to necessary importation).

Belizeans are paying more to access restaurants and hotels; rental of homes, home maintenance, and services related to maintenance, repair, and security.

Belizeans are also generally paying more for their personal care and entertainment. It’s even costing more for beer, wine and cigarettes, as well as health costs including medicine (up 13 percent).

But diesel and regular gasoline prices are down as well as cost of international airfare.


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 501-612-0315.


© 2024, 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.


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