By Zoila Palma: Residents of Orange Walk District recorded the largest decline in consumer confidence in Belize during August 2026, according to the Statistical Institute of Belize (SIB).
The district’s Consumer Confidence Index fell by 18.3 percent, from 40.6 in July to 33.1 in August, with sentiment declining across all three components of the index.
The sharpest decline in Orange Walk was recorded in the ‘Durable Goods’ component which fell by 27.8 percent.
Sentiment regarding ‘Expectations’ for future economic and household financial conditions also dropped significantly by 25.4 percent, while the ‘Present’ component declined by 2.9 percent, indicating increased pessimism about current conditions compared with the previous 12 months.
Consumer confidence also moved in opposite directions between males and females nationally.
Confidence among male consumers fell by 7.5 percent, from 43.1 in July to 39.9 in August. Their expectations component recorded the largest decline, falling 10.9 percent from 53.7 to 47.8, while sentiment toward durable goods dropped 6.2 percent and the ‘Present’ component declined by 4.0 percent.
Meanwhile, female consumer confidence increased by 5.5 percent, rising from 42.1 in July to 44.4 in August.
The post SIB: Consumer confidence plunges in Orange Walk appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Residents of Orange Walk District recorded the largest decline in consumer confidence in Belize during August 2026, according to the Statistical Institute of Belize (SIB). The district’s Consumer Confidence Index fell by 18.3 percent, from 40.6 in July to 33.1 in August, with sentiment declining across all three components of the index.
The post SIB: Consumer confidence plunges in Orange Walk appeared first on Belize News and Opinion on www.breakingbelizenews.com.