THE Consumer Price Index (CPI) which experienced a slightly less than half per cent drop from September to October (0.4 per cent) was due to a number of factors.
A decrease of 5.1 per cent was recorded in clothing and footwear due to lower prices of clothing materials, garments, and other articles of clothing and accessories including all forms of footwear.
Also, a 1.2 per cent drop occurred for furnishings, household equipment and routine household maintenance due to the lower cost of selected furniture, household textiles as well as glassware, tableware and utensils.
Transport also decreased by 0.5 per cent due to lower prices of passenger transport by air.
Meanwhile, an increase of 5.1 per cent was recorded in health due to higher prices of medicinal preparations and patent medicines. Restaurants and hotels also increased by 0.5 per cent due to higher prices of selected food items from eateries such as restaurants and cafes. The category of recreation and culture increased by 0.1 per cent due to higher prices of packaged holidays and pilgrimages.
The CPI for October 2014 decreased by 0.7 per cent when compared to October 2013.
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, which is taken from the Household Expenditure Survey.
The CPI full report is available from the Department of Economic Planning and Development website at www.depd.gov.bn.