Brunei's consumer inflation in February hits 146-month high

0 Comment(s)Print E-mail Xinhua, June 8, 2022
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BANDAR SERI BEGAWAN, June 8 (Xinhua) -- Brunei's overall Consumer Price Index (CPI) in February 2022 increased by 3.2 percent year-on-year, a 146-month record high since January 2010 when historical data became available.

According to the latest statistical figures released on Wednesday by the country's Department of Economic Planning and Statistics at the Ministry of Finance and Economy, the CPI rise was in line with the increase in non-food and food and soft beverage prices by 3.3 percent and 2.6 percent, respectively.

The data showed that the increase in the non-food component was driven by miscellaneous goods and services (14.0 percent) and clothing and footwear (10.4 percent).

While the hike in food and non-alcoholic beverages was due to the rise in food prices such as cooking oil (17.3 percent) and meat (7.1 percent). Among others, the growth in food prices was due to higher import prices.

CPI is a measure of price changes of goods and services paid by the consumer in a specified period. Brunei's list of goods and services in the CPI is based on the average expenditure per household. Enditem

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