- August 31, 2023
- Posted by: BCCI-Editor-M
- Category: News & Press Releases
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Statistical Institute of Belize: CPI Release for the Month of July 2023
CONSUMER PRICES UP 2.8% IN JULY 2023: FOOD AND RESTAURANT SERVICES UP, FUEL AND LPG DOWN
Overall National Inflation Rate
Results from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey showed that, for the month of July 2023, the All-Items CPI, which summarizes price levels across all categories of consumer goods and services, stood at 114.6, up from 111.5 in July 2022. The overall national inflation rate for the month was 2.8 percent, the lowest recorded since May of 2021. 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.
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