Brunei sees 0.3 pct CPI rise in October

Source: Xinhua| 2017-11-24 18:07:18|Editor: ZD
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BANDAR SERI BEGAWAN, Nov. 24 (Xinhua) -- Brunei's consumer price index (CPI) increased by 0.3 percent year-on-year in October, due to rise in prices of transportation and food, according to the latest statistics released on Friday.

In its monthly CPI report, Brunei's Department of Economic Planning and Development said both Food and Non-Alcoholic Beverages and Non-Food Index rose 1.5 percent and less than 0.05 percent year-on-year, respectively.

The increase in the overall CPI in October was largely attributed to the rise in the indices of Food and Non-Alcoholic Beverages (1.5 percent), Communication (1.1 percent) and and Transport (0.7 percent).

On a period-on-period basis, CPI in January-October 2017 decreased 0.2 percent compared to the same period last year.

Both Food and Non-Alcoholic Beverages and Non-Food Index dropped 0.1 percent and 0.2 percent, respectively.

CPI is a measure of price changes of goods and services paid by consumers in a specified period. Brunei's list of goods and services in the CPI is based on the average expenditure per household.