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For the ninth consecutive month, imports declined with total expenditure amounting to $119.1mn, an 11.8% fall off when compared to the same month of 2008. On the other hand, for the second month, domestic export earnings continued its upward trend growing by 8.5% over the same period of 2008.
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The unemployment rate stood at 12.6% in September of 2009.
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After out-performing many countries in 2008 and growing by 3.6 percent, the Belizean economy could no longer stave off the effects from the global downturn and contracted for the first two quarters in 2009.
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After declines for three consecutive quarters, the Consumer Price Index (CPI) shows that the overall price level rose by 0.8 percent between May and August 2009.
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