The Consumer Price Index (CPI) in April 2017 slipped by point 6% over March 2017. In a media release by the Department of Economic Planning and Development at the Prime Minister's Office, both Food and Non-Alcoholic Beverages Index and the Non-Food Index stumbled by point 1.7% respectively.
The decrease in the overall CPI for April 2017 was largely contributed by Transport and Recreation and Culture by 2% and 1.1% respectively. This was due to readjustment of air ticket prices as well as package holidays/pilgrimages to off-peak season prices after experiencing school-term holiday. Meanwhile, indexes that experienced increases include Restaurant and Hotels by point 5% and Communication by point 2% which were mainly driven by higher prices of telephone and telefax equipment as well as accommodation services. Meanwhile, Education Index remained unchanged. On a year-to-year basis, the CPI for April 2017 has declined by point 6% compared to April 2016 whereby Food & Non-Alcoholic Beverages and Non Food Index fell by 1.1% and point 5% respectively. The CPI full report for April 2017 is available from JPKE's website at www.depd.gov.bn.
Source: Radio Television Brunei