Speaker Of The House Signs MOU With FOPREL And SICA

Speaker of the House of Representatives, Hon. Laura Tucker Longsworth, travelled to El Salvador to p...

New International Flight Headed To Belize

There's a new international flight headed to Belize, this time coming from Minneapolis, Minnesota lo...

224 Farmers Graduate From Farmers Field School

This afternoon a special graduation ceremony was held for 224 cane farmers who participated in the S...

  • Speaker Of The House Signs MOU With FOPREL And SICA

    Friday, 07 September 2018 02:44
  • New International Flight Headed To Belize

    Friday, 07 September 2018 02:46
  • 224 Farmers Graduate From Farmers Field School

    Friday, 07 September 2018 03:09

noImageAvailableThe Statistical Institute of Belize has released its latest inflation and trade figures. According to the latest statistics for the Consumer Price index, the national inflation rate for the month of October reflects that of last month and stands unchanged at 0.7%. A release from the SIB reveals that the consumer price index rose slightly in comparison to last October from 102.9 to 103.6.


For the first ten months, the average inflation rate remains at 1.3 percent. This month the prices for food items such as eggs, pasta and bread went down by an average of 1.2 percent. And while home rental prices remain high particularly in Orange Walk Town and San Ignacio for October, the transport index, one of the primary drivers of the Consumer Price Index, rose marginally by 0.5 percent. This resulted as higher fees for driver’s license across municipalities were virtually offset by a 10 percent drop in price per gallon of diesel.

 

Of note is that, San Ignacio/Santa Elena recorded the highest inflation rate for October at 1.6percent, while Corozal Town recorded the lowest at 0.1percent.

Share this post

This content has been locked. You can no longer post any comment.