The Consumer Price Index (CPI) for December 2018 increased by point 0-5 per cent year-on-year compared to the previous year due to a rise in prices of Food and Non-Alcoholic Beverages.
The CPI increase was largely attributed to a climb in the prices and costs of Recreation and Culture by 2 percent following the rise in prices of holiday and pilgrimage packages. Meanwhile, Education jumped by 1 point 7 per cent, attributed to the rise of primary and secondary school fees at selected private schools, whereas the Food and Non-Alcoholic Beverages increased by point 3 per cent following the rising prices of fish and seafood; cocoa based beverages; and other food products.
However, the CPI was moderated by decreases in prices and costs of Furnishings, Household Equipment and Routine Household Maintenance by 1 point 6 per cent; Miscellaneous Goods and Services (1 percent); as well as Housing, Water, Electricity, Gas and Other Fuels (point 7 per cent).
For the whole of 2018, the CPI edged up by point 1 per cent compared to 2017. The CPI full report for December and Annual 2018 is available from JPKE’s website at www.depd.gov.bn
Source: Radio Television Brunei