Food and Rent Push Up Prices in April

Belize’s national inflation rate rose by 1.3% in April 2025, driven mainly by rising food and home rental costs, according to the Statistical Institute of Belize (SIB).

The Consumer Price Index (CPI) stood at 119.6 in April, up from 118.1 a year earlier. Food accounted for over half of the monthly price increase, with costs for bread, meats, fruits, and non-alcoholic beverages climbing. Juices saw the sharpest rise at 15.4%.

Home rental prices also contributed, up 2.3% compared to April 2024. LPG prices followed suit, with the cost of a 100-pound cylinder rising by $6.87. Personal care items and household cleaning products also recorded notable increases.

In contrast, fuel prices continued to fall. Premium and regular gasoline dropped by $0.49 and $0.89 per gallon respectively, while diesel prices fell by $1.21. Prices for mobile phones and communication equipment also declined.

SIB also reported that Belmopan and San Pedro recorded the highest inflation rates at 3.5%, while Independence Village saw a 2% decrease in consumer prices due to drops in food, fuel, and personal items.

Year-to-date inflation now stands at 1.6%, with prices for food, rent, and personal care items continuing to lead the upward trend.