THE Consumer Price Index (CPI) for November 2014 decreased by 0.2 per cent over October 2014, a press release stated.
A decrease of 1.4 per cent was recorded in transport due to lower cost of motor vehicles as well as passenger transport by air. Food and non-alcoholic beverages decreased by 0.2 per cent due to lower prices of fresh fish and seafood, meat, and coffee, tea and cocoa.
Recreation and culture also decreased 0.1 per cent due lower cost of computers and computer accessories, unrecorded recording media, games, toys and hobbies, articles for pets, magazines and periodicals as well as stationery and drawing materials.
On the other hand, an increase of 0.6 per cent was recorded in furnishings, household equipment and routine household maintenance due to higher cost of household textiles, glassware, tableware and household utensils as well as other non-durable household goods.
Miscellaneous goods and services increased by 0.5 per cent due to higher prices of non-electric appliances for personal care, articles for personal hygiene, beauty products as well as travel goods and bags.
Restaurants and hotels also increased by less than 0.05 per cent due to higher prices of selected food items from restaurants and cafés as well as accommodation services.
CPI for November 2014 decreased by 1.3 per cent compared to November 2013, largely due to lower indices of transport; clothing and footwear; and recreation and culture.
CPI is a measure of price changes of goods and services paid by the consumer in a specified period. The list of goods and services in the CPI is based on the average expenditure per household from the Household Expenditure Survey.
The CPI full report for November 2014 is available from JPKE’s website at www.depd.gov.bn.