Brunei News Gazette

Post: DEPS Strengthens Price Monitoring Amid Economic Uncertainty

Bandar seri begawan: Amidst global economic uncertainty and increased spending during the festive season, the Department of Economic Planning and Statistics, DEPS, Ministry of Finance and Economy continues to strengthen price monitoring initiatives to encourage consumers to make informed purchasing decisions, while promoting fair and transparent market practices. The weekly price monitoring initiative on several selected food commodities is an ongoing effort to increase price transparency and strengthen consumer confidence in the market.

According to Radio Television Brunei, the food commodities monitored include whole chicken, eggs (grade B), shallots, garlic, ginger, chillies, and meat. In general, the price trend for selected food commodities is stable in early 2026 with moderate fluctuations. Based on industry feedback, logistics costs are now showing signs of increase, but the impact on domestic prices is not yet immediate. The impact on the country is expected to be contained compared to other countries that are more exposed to rising energy costs. Traders are advised to continue to run businesses responsibly and ethically. In the face of global economic uncertainties that have the potential to affect costs, any price adjustments should be made in a reasonable, transparent, and consistent manner with actual cost changes, and not excessive or disproportionate. Consumers are also encouraged to be aware of current developments, take advantage of the price information provided to make price comparisons and purchase decisions prudently and i n an informed manner.