Tag:
Statistical Institute of Belize
Business & Economy
SIB releases mid-year consumer report: National Inflation rate up by 3.8%
The Statistical Institute of Belize (SIB) released its mid-year Consumer Price Index (CPI) report for July on August 28th, 2024. The report revealed that the CPI, which summarizes price levels across all consumer goods and services categories, rose to 118.9 from 114.6 in July 2023, resulting in a national inflation rate of 3.8%.
Business & Economy
Cost of living still high; basic food items affected
The cost of living continues to be a dilemma for many Belizeans as prices for basic goods have increased nationwide. According to the Statistical Institute of Belize (SIB), consumer prices for April were 3.9% compared to last year. Basic staples such as a 16-ounce loaf of bread recently experienced a 20% increase. In San Pedro Town, Ambergris Caye, the price of bread sold in packs of 17 and 22 ounces remains unchanged; however, other food items have slightly increased due to the cost of transporting goods to the island.
Environment
Earth Journalism Network hosts environmental reporting workshops for Belizean and regional journalists
Internews’ Earth Journalism Network (EJN), an organization training journalist on how to cover environmental issues more effectively, hosted a training session for journalists from Tuesday, April 9th through the 14th, focusing on data and general fisheries reporting. The sessions served to better capacitate a group of selected journalists from Belize, Mexico, Guatemala, and Honduras, along with experts and conservationists. The workshops were held at the Best Western Biltmore Plaza Hotel in Belize City.
Business & Economy
SIB says Belize’s economy grew by 3.2% in 2023; imports continue increasing
The Statistical Institute of Belize (SIB) reported on March 28th that the country’s economy grew by 3.2% in the fourth quarter of 2023. The report also showed an incidence of multidimensional poverty down to 10.1% in September of that same year. However, there was an increase in consumer prices and imports during the same period.
Government
UNDP partners with the Statistical Institute of Belize and Ministry of Economic Development to enhance the country’s ability to assess and address poverty
The United Nations Development Programme (UNDP) and the Ministry of Economic Development signed an agreement to partner with the Statistical Institute of Belize (SIB) on the development and implementation of an annual Monetary Poverty Measure (MPM) and to assist in the continued development of the national Multidimensional Poverty Index (MPI) statistics program. This support will serve to enhance the country’s capacity to assess and address poverty, including through its policymaking processes.
Government
NEMO Signs MOUs with Partner Organizations
On 11, 2023, the Ministry of Sustainable Development, Climate Change and Disaster Risk Management, through the National Emergency Management Organization (NEMO), signed four memorandums of understanding with partner organizations, namely, the Belize Red Cross, the Scout Association of Belize, the Belize Chamber of Commerce and Industry (BCCI), and the Statistical Institute of Belize (SIB).
Government
Government of Belize, SIB, and UNICEF Host Data Needs Assessment Workshop for Multiple Indicator Cluster Survey
The Government of Belize, the Statistical Institute of Belize (SIB), and UNICEF hosted a Data Needs Assessment Workshop on July 27 and 28 to facilitate information-gathering for the seventh round of the Multiple Indicator Cluster Survey (MICS7).
Business & Economy
Government plans on addressing inflation affecting Belizeans
The continued increase in the price of goods and services is taking a toll across Belize. In areas like San Pedro, Ambergris Caye, where the cost of living is higher, the situation is more alarming. Island residents report that prices for basic food items increase weekly, adding to the struggle to survive. While inflation has become a worldwide issue, the Government of Belize (GOB) has discussed the matter and, on Thursday, March 30th, announced several measures to address the concerning problem.