1 central bank of belize economic review june 2005 2 overview after a strong first quarter the economy decelerated to yield an overall increase 4 for half year expansion was driven by trade sector higher output marine products record levels citrus juice production and continued buoyancy in tourism unemployment measured annually month april fell from 11 6 0 with largest growth jobs occurring services meanwhile fuel costs increases tax water rates pushed consumer price index up over february may 3 7 2004 imports outpacing exports substantial outlays on finance insurance charges associated issue several international bonds external current account deficit widened 42 5 154 5mn net inflows loans bond placements foreign investment not only financed this gap but also boosted gross reserves 118 225 1mn equivalent 8 months
