Belize’s inflation rate held steady in September 2025, with a modest 0.6% year-on-year increase, as reported by the Statistical Institute of Belize. However, a closer look reveals significant shifts in the cost of essential goods and services, impacting household budgets across the nation. Housing and utility costs emerged as the primary drivers of inflation. Notably, the price of a 100-pound LPG cylinder surged by 11.6%, rising from $116.58 to $130.07, while rental prices also inched upward, adding financial strain to many families. Dining out became more expensive, with the Restaurants and Accommodation Services category climbing 2.8%, largely due to higher prices at restaurants and cafés. On a brighter note, fuel prices saw a decline, offering some relief to drivers. Regular gasoline dropped by $0.63 per gallon, premium by $0.62, and diesel by $0.18. Over the first nine months of 2025, the overall price increase stood at 1.2% compared to the same period in 2024. Key contributors to this rise included food, housing, dining out, and personal care items, while transport and technology-related costs experienced a downward trend.
