Volume 1: Consumer Price Indices

Belize

Official title

Consumer Price Index.

Scope

The index is compiled quarterly and relates to the whole country.

Official base

February 1980 = 100.

Source of weights

The weights and selected items were derived from a household expenditure survey conducted in Belize in 1980, covering 1,800 households in urban and rural areas.

:hp4.Weights and composition:ehp4.

Corozola
Major groups Number of items Weights Approximate number of price quotations
Food 39386...
Cleaning products 533...
Personal and medical care 971...
Clothing and footwear 14152...
Rent, fuel and light 547...
Furniture, furnishings and household equipment 12107...
Transport 889...
Miscellaneous 15115...
Total 1071000...

Orange Walk
Food 39378...
Cleaning products 526...
Personal and medical care 965...
Clothing and footwear 14117...
Rent, fuel and light 562...
Furniture, furnishings and household equipment 12127...
Transport 8106...
Miscellaneous 15119...
Total 1071000...

Belize
Food 39394...
Cleaning products 527...
Personal and medical care 948...
Clothing and footwear 14116...
Rent, fuel and light 5122...
Furniture, furnishings and household equipment 12104...
Transport 860...
Miscellaneous 15129...
Total 1071000...

Cayo
Food 39376...
Cleaning products 530...
Personal and medical care 946...
Clothing and footwear 14128...
Rent, fuel and light 585...
Furniture, furnishings and household equipment 12127...
Transport 885...
Miscellaneous 15123...
Total 1071000...

Stan Creek
Food 39481...
Cleaning products 528...
Personal and medical care 947...
Clothing and footwear 14121...
Rent, fuel and light 579...
Furniture, furnishings and household equipment 1285...
Transport 828...
Miscellaneous 15131...
Total 1071000...

Toledo
Food 39396...
Cleaning products 539...
Personal and medical care 953...
Clothing and footwear 14201...
Rent, fuel and light 540...
Furniture, furnishings and household equipment 12102...
Transport 843...
Miscellaneous 15126...
Total 1071000...

Household consumption expenditure

Not available.

Method of data collection

Prices are collected during the third week of February, May, August and November, in markets, retail outlets and service establishments in six districts.

Housing

Not available.

Specification of varieties

No detailed specifications are used.

Substitution, quality change, etc.

When an item is missing, the price for the previous quarter is maintained.

Seasonal items

Not available.

Computation

The index is computed according to the Laspeyres formula as a weighted arithmetic average with fixed base, using weights corresponding to the base period.

Separate indices are first computed for the six districts. The national index is a weighted average of indices for the six districts, using weights proportionate to the population of each district.

Organisation and publication

Ministry of Economic Development, Central Statistical Office: Belize Consumer Price Index (quarterly) (Belmopan).