The Consumer Price Index (CPI) for September 2018 increased by point 4 per cent year-on-year compared to September last year.
Prices of Food and Non-Alcoholic Beverages, and Non-Food increased by 1 point 6 per cent and point 4 per cent respectively year-on-year.
This was mainly due to rises in prices and costs of Education; Food and Non-Alcoholic Beverages; as well as Recreation and Culture. However, this CPI increase was moderated by decreases in prices and costs of Furnishings, Household Equipment and Routine Household Maintenance; Housing, Water, Electricity, Gas and Other Fuels; as well as Miscellaneous Goods and Services.
The costs of Education climbed mainly due to the rise in school fees of primary and secondary education in selected private schools. Meanwhile, the increase in prices of Food and Non-Alcoholic Beverages is attributed to the rising prices of fish and seafood, soft drinks and meat. Recreation and Culture prices rose due to higher prices of package holidays/pilgrimages. On a month-on-month basis, the CPI climbed by point 3 per cent compared to August 2018, mainly due to an increase in the Non-Food Index by point 4 per cent, while the Food and Non-Alcoholic Beverages Index stumbled by point 0-3 per cent. The CPI full report for September 2018 is available from the Department of Economic Planning and Development’s website at www.depd.gov.bn.
Source: Radio Television Brunei