THE Consumer Price Index (CPI) for January 2015 decreased by 1.6 per cent from December 2014.
A decrease of 6.1 per cent was also recorded in Transportation due to lower costs of motor car, maintenance and repair of vehicles as well as passenger transport by air, according to the Department of Economic Planning and Develop-ment (JPKE).
Clothing and Footwear also decreased by 0.6 per cent following lower prices of clothing mate-rials, several selected garments, other articles of clothing and clothing accessories as well as shoes and other footwear. Furnishings, Household Equipment and Routine Household Maintenance also decreased by 1.7 per cent due to lower prices of furniture and furnishings, household textiles, household appliances, glassware, tableware and household utensils, as well as cleaning and main-tenance products.
On the other hand, an increase of 2.3 per cent was recorded in Housing, Water, Electricity, Gas and Other Fuels, due to higher cost of rentals for housing as well as materials for the maintenance and repair of dwellings.
Food and Non-alcoholic Beverages also increa-sed by 0.3 per cent due to higher prices of meat (0.4 per cent), fish and seafood (1.1 per cent), milk, dairy products and eggs (0.1), fruits (0.6 per cent), vegetables (1.3 per cent) and other food products (0.4 per cent). Restaurants and Hotels also increased by 0.5 per cent, following of higher prices of selected food items from restaurants and cafes as well as accommodation services.
The CPI for January 2015 increased by 0.5 per cent compared to January 2014, largely due to lower indices of Transport, Restaurants and Ho-tels, Housing, Water, Electricity, Gas and Other Fuels.
CPI is a measure of price changes of goods and services paid by the consumer in a specified pe-riod of time.
The list of goods and services in the CPI is ba-sed on the average expenditure per household from the Household Expenditure Survey.
The full CPI report for January 2015 is available from JPKE’s website, www.depd.gov.bn.