Statistical Institute of Belize: Consumer Price Index release for September 2022

CONSUMER PRICES UP 7.1% IN SEPTEMBER 2022:
FUEL, FOOD, LPG, AND RESTAURANT SERVICES PRICES MOST AFFECTED

All-Items: 

Results from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey showed that for the month of September
2022, the All-Items CPI, which summarizes price levels across all categories of consumer goods and services, stood at 112.0, up from 104.6 in September 2021 (see Figure 1). This indicated that the country experienced an overall national inflation rate of 7.1 percent on the cost of goods and services commonly purchased by Belizean households. As in previous months this year, inflation was primarily driven by higher prices for motor vehicle fuels, several food items, liquefied petroleum gas (LPG), restaurant services, and household cleaning products.

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