The Statistical Institute of Belize (SIB) reported a 0.4% increase in the Consumer Price Index (CPI) for November 2025, revealing a complex economic landscape where consumer confidence showed modest improvement despite persistent cost-of-living pressures. The inflation data indicates Belizeans expressed slightly greater optimism about household finances even as essential expenses continued their upward trajectory.
Housing and utilities emerged as primary inflation drivers, with rental costs climbing significantly and liquefied petroleum gas (LPG) prices reaching $128.57 per 100-pound cylinder—a notable increase from $123.97 recorded during the same period in 2024. The healthcare sector experienced substantial price escalations across medical services, including elevated fees for physician consultations, pharmaceutical products, and surgical procedures.
Food categories demonstrated particular volatility, with beef products, grapes, and watermelon showing marked price increases. The transportation sector provided counterbalancing relief through reduced fuel costs, with diesel prices declining by $0.56 per gallon, regular gasoline decreasing by $0.46, and premium fuel dropping by $0.33 compared to previous year levels.
Geographic analysis revealed significant regional disparities, with Punta Gorda residents experiencing the steepest cost increases for essential commodities including food staples and educational materials. Conversely, Orange Walk documented modest deflationary trends as fuel and personal care items became more affordable.
The cumulative inflation for 2025 reached just over 1% year-to-date, indicating moderate price growth across the annual period. These economic indicators present a nuanced picture of consumer sentiment juxtaposed against ongoing financial pressures affecting household budgeting decisions.