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Prices have gone up an average of one percent for September

SIB Stats (VO)

The Statistical Institute of Belize (SIB) has released its monthly Consumer Price Index (CPI). (SIB VO) Prices have gone up an average of one percent for September, 2018. Transport has gone up 1. 7 percent.  Housing, water, electricity, gas and other fuels are up by 1.5 percent. The only area that has a slight decrease is food and non-alcoholic beverages which are down by 10.4 percent. And all other categories of goods and services are up by 1.1 percent.  When looking at September 2017 versus 2018, Liquid Petroleum Gas has gone up 15.5 percent when looking at a snapshot of the two months. The twin towns of San Ignacio and Santa Elena had experienced the highest inflation rate of 2.9 percent. Dangriga had the lowest rate of inflation with prices going down by 0.6 percent in September. Essentially a 1 percent increase in the cost of goods and services regularly purchased for daily living for the first nine months of the year, and a year to date inflation rate of 0.3 percent was recorded.  We will examine the country’s imports and exports for the same period in tomorrow’s newscast.