The Consumer Price Index (CPI) in May 2018 decreased by 0.1 per cent year-on-year compared to May 2017. The Food & Non-Alcoholic Beverages prices increased by 2.6 per cent, while the Non-Food prices decreased by 0.7 per cent year-on-year.
According to the Department of Economic Planning and Development, The CPI decrease in May 2018 was mainly due to a decrease in prices of Clothing & Footwear by 6.5 per cent; Furnishings, Household Equipment & Routine Household Maintenance by 1.2 per cent; and Transport by 0.9 per cent. However, this was moderated by the increase in prices and cost of Food & Non-Alcoholic Beverages by 2.6 per cent; Education by 1.8 per cent; and Communication by 0.9 per cent.
On a month-on-month basis, the CPI in May 2018 increased by 0.2 per cent compared to April 2018. The Food & Non-Alcoholic Beverages Index increased by 0.02 per cent while the Non-Food Index increased by 0.2 per cent. The 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.
Source: Radio Television Brunei