ASEAN KEY DESTINATIONS
CPI drops 0.9 per cent in April
BRUNEI’s consumer price index (CPI) slid 0.9 per cent in April compared to the previous month due lower transport costs, the Department of Economic Planning and Development reported (JPKE)the day before yesterday.
The department in its monthly CPI report said the main factor behind the decline was a drop in the Transport Index by 1.7 per cent. JPKE said this mainly due to lower prices in airlines tickets.
In the same period, the food and non-alcoholic beverage index decreased by 0.2 per cent and the Non-food index also decreased by 1.1 per cent.
The Furnishings, Household Equipment and Routine Household Maintenance Index also fell by 2.4 per cent as a decline in prices of household textiles was observed, said the department.
JPKE also said that due to the lower cost of several garments and clothing material, the Clothing and Footwear index had also fallen by 4.6 per cent.
In the Restaurant and Hotel Index, a small increase (less than 0.05 per cent) was recorded due to higher prices of accommodation services. Meanwhile, the price index for housing, water, electricity, gas and other fuels; Communication; and Education had remained unchanged, the department reported.
In comparison to April 2015, the CPI had decreased by 1.0 per cent due to a fall in a number of indices. Housing, Water, Electricity, Gas and Other fuels had fell by 4.1 per cent compared to April last year.
Transport fell by 2.1 per cent; and Furnishings, Household Equipment and Routine Household Maintenance had declined by 2.0 per cent.
CPI is a measure of price changes of goods and services paid by the consumer in a specified period.--The Brunei Times
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