- October 10, 2023
- Posted by: BCCI-Editor-M
- Category: News & Press Releases
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Statistical Institute of Belize: CPI Release for the Month of August 2023
CONSUMER PRICES RISE 3.4% IN AUGUST 2023: FOOD AND RESTAURANT SERVICES UP, FUEL DOWN
Overall National Inflation Rate
For the month of August 2023, the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey showed that the All-Items CPI, which summarizes price levels across all categories of consumer goods and services, stood at 116.0. This was an increase from 112.2 in August 2022, indicating that the overall national inflation rate for the month was 3.4 percent. Consumer prices, which began to increase sharply in the months following the start of the pandemic, have seen a gradual slowdown in the rate at which they have been rising since the beginning of this year. Click HERE to read more.
