Statistical Institute of Belize-CPI release for the month of: March 2022

CONSUMER PRICES UP 5.7% IN MARCH 2022: FUEL, FOOD, AND LPG PRICES MOST AFFECTED

All-Items:
Results from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey showed that, in March 2022, the All-Items CPI, which summarizes price levels across all categories of goods and services, stood at 107.8, up from 102.0 in March of 2021 (see Figure 1). This indicates that, for the month of March 2022, the country experienced an overall national inflation rate1
of 5.7 percent on the cost of goods and services regularly purchased by Belizean households. This was primarily driven by higher prices for motor vehicle fuels, food items, and liquefied petroleum gas (LPG). Increases were also seen in the cost of restaurant services, household cleaning products, and women’s clothing.

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