Sunday, June 23, 2024

Statistical Institute of Belize

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 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).

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.

Government of Belize, UNICEF and SIB Sign MOU for MICS7

On January 31, 2023, the Ministry of Economic Development, on behalf of the Government of Belize, the Statistical Institute of Belize (SIB), and UNICEF signed a memorandum of understanding (MOU), commencing the seventh round of the Multiple Indicator Cluster Survey (MICS).

SIB’s April report shows decline in exports and increase in consumer prices

The April report from the Statistical Institute of Belize (SIB) notes that domestic exports declined by 13.6%, or $6.2 million, compared to the same period last year. According to the report, the sugar and banana products reflected the decrease in exports. In comparison, consumer prices rose by 5.8%. The areas/services affected included vehicle fuels, food, and Liquefied Petroleum Gas (LPG).

Unemployment rate on a rise: SIB reports 10.4% of Belize’s labour force without jobs

As the year winds down, The Statistical Institute of Belize (SIB) is reporting that the national unemployment rate continues to grow. According to their most recent Labour Force Survey (LFS) in September of 2019, the national unemployment rate grew from 7.7% in April 2019 to 10.4% in September 2019.

Belize on an Economic Activity Decline

As of the third quarter of 2019, the Statistical Institute of Belize (SIB) is reporting a decline in economic activity for the county of Belize. A 0.4% decline rate was observed in the country’s total level of economic activity in the period of July to September 2019 when compared to the same time bracket in 2018.

SIB reports inflation rates increase; San Pedro feels it more

Figures released by SIB show that the All-Items Consumer Price Index for March 2019 stood at 104.8%, an increase of 0.3 % from 104.5% in March 2018. On average, during the month of Apirl in 2019, the prices of goods and services regularly purchased by Belizean households were 0.3% higher than they were in the same month of 2018.