Inflation Rate in Belize increased to 6.60 percent in May from 5.80 percent in April of 2022. source: Statistical Institute of Belize

Inflation Rate in Belize averaged 1.15 percent from 1991 until 2022, reaching an all time high of 9.60 percent in August of 2008 and a record low of -12.70 percent in March of 2011. This page provides the latest reported value for - Belize Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belize Inflation Rate - values, historical data and charts - was last updated on July of 2022.

Inflation Rate in Belize is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Inflation Rate is projected to trend around 3.60 percent in 2023 and 1.60 percent in 2024, according to our econometric models.

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Belize Inflation Rate



Related Last Previous Unit Reference
Inflation Rate 6.60 5.80 percent May 2022
Food Inflation 7.41 7.10 percent May 2022
CPI Transportation 134.29 130.99 points May 2022
CPI Housing Utilities 104.79 105.13 points May 2022
Consumer Price Index CPI 109.88 108.91 points May 2022
Inflation Rate Mom 1.00 1.10 percent Apr 2022

Belize Inflation Rate
In Belize, the most important category in the consumer price index is Housing and Utilities (26.5 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.5 percent; Transport for 13.6 percent; Clothing and Footwear for 8.3 percent; Furniture, Household Goods and Maintenance for 6.9 percent and Recreation and Culture for 6.9 percent. Miscellaneous Goods and Services; Health; Communication; Education; Alcoholic beverages and Tobacco and Restaurants and Hotels account for the remaining 18.3 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
6.60 5.80 9.60 -12.70 1991 - 2022 percent Monthly
M102020=100