Belize Inflation Hits 4.7% as Fuel, Food and Electricity Costs Rise

Your grocery bill, your gas receipt and your electricity bill have all been showing the same trend: an increase. New figures from the Statistical Institute of Belize (SIB) are confirming that trend, with it showing that consumer prices rose by 4.7% in September compared to the same month last year.

The biggest contributors were transportation, food and non-alcoholic beverages, and housing and utilities, which together accounted for three-quarters of the increase.

Transport costs rose by 10.7%, with diesel recording the sharpest fuel increase. The average price per gallon jumped by $3.77, from $11.92 in September 2025 to $15.69 last month. Regular gasoline reached $13.78 per gallon, while premium climbed to $14.62. Meanwhile, passenger transport rose 15.2% on higher bus and taxi fares and international airfares.

Food prices increased by 4.6%, driven partly by higher costs for poultry, vegetables, fruits and sugar. Sugar prices rose by 18%, while fruits increased by 10.6%.

Housing, water, electricity, gas and other fuels also became 4.4% more expensive, while home rental costs rose by 2.3%. The SIB pointed to a higher price per kilowatt-hour and the Cost of Power Adjustment (COPA) introduced this year. A household using 4,500 gallons of water a month now pays $91.13, up from $86.38. Rent rose 2.3 per cent.

Health services cost 6.4% more because of higher hospital and surgery fees. Insurance and financial services was the only category that did not rise.

San Ignacio/Santa Elena in the Cayo District recorded the highest inflation rate among municipalities at 6.7%. San Pedro had the lowest at 3.3%.