The Department of Economic Planning and Development ( JPKE), Prime Minister's Office yesterday announced that the Consumer Price Index (CPI) in September 2016 fell by 0.2 per cent over August 2016, whereby the food and non-alcoholic beverages and non-food index both decreased by 0.1 per cent and 0.2 per cent, respectively. Compared to last year, the CPI for September 2016 has decreased by 1.0 per cent.

The fall in overall CPI in September was mainly attributed to the fall in clothing and footwear index, which decreased by 5.7 per cent, miscellaneous goods and services index by 0.8 per cent and furnishings, household equipment and routine household maintenance index by 0.3 per cent.

On the other hand, of the 11 major divisions, only two indices recorded an increase; transport index which rose by 1.0 per cent resulting from higher cost of passenger transport by air, and housing, water, electricity, gas and other fuels index by 0.1 per cent, owing to higher cost of maintenance and repair of dwellings.

Meanwhile, indices for communication; education and restaurants and hotels remained unchanged.

CPI is a measure of price changes of goods and services paid by the consumer in a specified period and compiled on a monthly basis. 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 September 2016 is available from JPKE's website: www. depd.gov.bn.

Source:
@BRUDIRECT.COM

by BruDirect.com

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