Brunei CPI increases by 2.5pc in May

The overall Consumer Price Index (CPI) in May 2020 has increased by 2.5 per cent year-on-year from 98.4 in May 2019 to 100.9 this year.

Both Food and Non-Alcoholic Beverages and Non-Food index have recorded an increase of 3.6 per cent and 2.3 per cent, respectively. Meanwhile, the index Goods, and the index of Services have increased by 2.4 per cent and 2.6 per cent.

On a month-on-month basis, the CPI has decreased by 0.2 per cent compared to April this year; whereby Food and Non-Alcoholic Beverages index recorded an increase of 0.2 per cent, and Non-Food index has recorded a decrease of 0.2 per cent.

For period-on-period, the CPI for January to May 2020 registered an increase of 1.7 per cent compared to the same period last year.

The CPI in May 2020 has increased by 2.5 per cent compared to the same month in 2019.

Among the major groups which recorded increases were the indices for Miscellaneous Goods and Services (11.7 per cent); Food and Non-Alcoholic Beverages (3.6 per cent); and Transport (two per cent).

Based on the contribution to change, Miscellaneous Goods and Services has contributed 35.7 per cent to the overall year-on-year increase of the CPI in May 2020. This was followed by Food and Non-Alcoholic Beverages (27.7 per cent); and Transport (14.8 per cent).

Increases were recorded in Miscellaneous Goods and Services (11.7 per cent) due to increase prices of insurance; other personal effects as well as other services; Food and Non-Alcoholic Beverages (3.6 per cent) due to increase prices of vegetables; mineral waters, soft drinks, fruits and vegetable juices as well as fish and seafood; and Transport (two per cent) due to increase prices of passenger transport by air; motor car as well as passenger transport by road.

Decreases were recorded in Restaurants and Hotels (0.4 per cent) due to decrease prices of accommodation services.

The CPI in May 2020 has decreased by 0.2 per cent over April 2020. The indices which recorded decreases were Clothing and Footwear (6.5 per cent); Furnishings, Household Equipment and Routine Household Maintenance (0.3 per cent); and Miscellaneous Goods and Services (0.2 per cent).

Based on the contribution to change, Clothing and Footwear has contributed 177.7 per cent to the overall month-on-month decrease of the CPI in May 2020. This was followed by Furnishings, Household Equipment and Routine Household Maintenance (13.9 per cent); and Miscellaneous Goods and Services (9.2 per cent)

Decreases were recorded in Clothing and Footwear (6.5 per cent) due to lower prices of clothing material; garments as well as shoes and other footwear; Furnishings, Household Equipment and Routine Household Maintenance (0.3 per cent) due to lower prices of household textiles as well as furniture and furnishings; and Miscellaneous Goods and Services (0.2 per cent) due to decrease in prices of other appliances articles and products for personal care as well as other personal effects.

Increases were recorded in Communication (1.9 per cent) due to increase in prices of telephone and telefax services; Food and Non-Alcoholic Beverages (0.2 per cent) due to increase in prices of fish and seafood; fruits as well as oil and fats; and Transport (0.1 per cent) due to lower prices of passenger transport by air.

Meanwhile, the indices for Housing, Water, Electricity, Gas and Other Fuels; and Education remain unchanged.

The average CPI for January to May this year has increased by 1.7 per cent year-on-year compared to the same period in 2019.

Increases were recorded in Food and Non-Alcoholic Beverages (1.8 per cent); Clothing and Footwear (2.9 per cent); Furnishings, Household Equipment and Routine Household Maintenance (2.5 per cent); Health (0.8 per cent); Recreation and Culture (0.5 per cent); Education (1.8 per cent); Restaurants and Hotels (2.8 per cent); and Miscellaneous Goods and Services (11.3 per cent).

Decreases were recorded in Housing, Water, Electricity, Gas and Other Fuels (0.6 per cent); Transport (0.9 per cent); and Communication (0.2 per cent).

For May this year, the indices for durable goods, semi-durable goods, non-durable goods and services have increased year-on-year by 1.7, 6.0, 1.9 and 2.6 per cent.

Compared to April this year, the indices for durable goods and semi-durable goods have decreased by 0.2 and 3.5 per cent, respectively. Meanwhile, the indices for non-durable goods as well as services have increased by 0.1 and 0.3 per cent.

For January to May this year, the indices of goods and services increased by 0.8 and three per cent, respectively compared to the same period last year.