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Brunei: Consumer Price Index for October 2017
CONSUMER Price Index (CPI) in October 2017 for Brunei Darussalam increased by 0.3 per cent year-on-year compared to October 2016.
According to the Department of Economic Planning and Development (JPKE), both Food and Non-Alcoholic Beverages and Non-Food Index increased by 1.5 per cent and less than 0.05 per cent year-on-year, respectively.
The CPI increase in October 2017 was mainly due to increase in the indices of Food & Non-Alcoholic Beverages (1.5 per cent); Communication (1.1 per cent); and Transport (0.7 per cent).
The Food & Non-Alcoholic Index increases mainly due to higher prices of for meat, fish and seafood, oil and fats, fruits, vegetables, other food products as well as mineral waters, soft drinks, fruit and vegetable juices.
Meanwhile, higher Communication Index was due to higher prices of telephone and telefax equipment.
Higher Transport Index was due to increase in the prices of motor car, bicycles and passenger transport by air.
On a period-on-period basis, CPI in January-October 2017 decreased by 0.2 per cent compared to the same period last year.
Both Food and Non-Alcoholic Beverages and Non-Food Index decreased by 0.1 per cent and 0.2 per cent, respectively.
CPI is a measure of price changes of goods and services paid by the consumer in a specified period and compiled on a monthly basis.
The list of goods and services in the CPI is based on the average expenditure per household from the Household Expenditure Survey.
The CPI full report for October 2017 is available from JPKE’s website: www.depd.gov.bn
Source: http://borneobulletin.com.bn/consumer-price-index-for-october-2017/