Among the municipalities, San Pedro Town recorded the highest rate of increase in consumer prices for the month of May 2023, with an inflation rate of [...]
However, Destination Belize is becoming more expensive for tourists as restaurant and accommodation services increased this year by 12.6% when compared to May of 2022.
Belize has been importing slightly less fuel and fertilizer despite prices trending down as well as vaccines and diagnostic testing kits for COVID-19. But there are [...]
Although there have been some decreases this year, prices remain relatively higher for 2023 than 2022, particularly in the areas of food and fuel. Food and [...]