Brunei: CPI increases by 0.3 per cent in September: JPKE

• Oct 26, 2017

THE Consumer Price Index (CPI) in September 2017 increased by 0.3 per cent year-on-year compared to September 2016.

Both Food & Non-Alcoholic Beverages and Non-Food Index increased by 0.7 per cent and 0.2 per cent year-on-year, respectively, JPKE stated in a press release yesterday.

The CPI increase in September 2017 was mainly attributed to increase in the indices of Food & Non-Alcoholic Beverages (1.3 per cent); Transport (1.3 per cent); and Recreation and Culture (1.2 per cent).

These were mainly due to higher prices of the Food and Non-Alcoholic Index for rice and cereals, 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 Transport Index was due to increase in the prices of motor car, bicycles and passenger transport by air.

Higher Recreation and Culture Index was due to higher prices of plants and flowers, recreational and sporting services as well as package holidays and pilgrimages.

On a period-on-period basis, CPI in January-September 2017 has decreased by 0.2 per cent compared to the same period last year.

Food and Non-Alcoholic Beverages and Non-Food Index both decreased by 0.2 per cent.

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 September 2017 is available from JPKE’s website: www.depd.gov.bn.

Source: http://borneobulletin.com.bn/cpi-increases-by-0-3-per-cent-in-september-jpke/