Inflation Belize 2018

Average inflation: 0.3%

Current Inflation

Inflation is very low at 0.3%, well below the ECB target.

Peak and Trough

The highest inflation was in August at 1.0%. The lowest inflation was in March at -0.6%.

Highest month
August: 1.0%
Lowest month
March: -0.6%
Difference
1.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 0.8%. The lowest price increase was in Food with an average of -0.5%.

Highest increase
Energy: 0.8%
Lowest increase
Food: -0.5%

Historical Context

Current inflation is around the 5-year average of 0.5%.

5-year average
0.5%
10-year average
0.5%
All-time high (2014)
1.2%
All-time low (2015)
-0.9%

Trend

Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-0.8 percentage point).

Change vs. previous year
-0.8 percentage points
Largest monthly swing
March: -2.9 percentage points

ECB Target

Inflation is 1.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food
-0.5%
-0.8vs avg.
More details →
Energy
0.8%
+0.5vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2017
January 0.9% 0.0
February -0.5% -2.8
March -0.6% -2.9
April -0.5% -2.7
May 0.3% -0.4
June 0.6% 0.0
July 0.6% 0.0
August 1.0% +0.3
September 1.0% +0.3
October 0.8% -0.1
November 0.0% -0.9
December -0.1% -1.1
Average 0.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also