Consumer Price Index (CPI) in December 2016 decreased by 0.3 per cent over November 2016, whereby both Food and Non-Alcoholic Beverages Index and Non-Food Index decreased by 0.2 per cent and 0.3 per cent, respectively.
 

According to a press release, the drop in overall CPI in December 2016 was due to lower prices of Clothing and Footwear (11.6 per cent); followed by Furnishings, Household Equipment and Routine Household Maintenance (2.2 per cent) and Miscellaneous Goods & Services (1.2 per cent)).
 

Indexes that recorded increases were Transport (2.1 per cent) and Recreation and Culture (2.0 per cent). These were due to higher prices of motor car; passenger transport by air, holiday packages/pilgrimages; computers and computer accessories; and telephone and telefax equipment.
 

Meanwhile, Education index remained unchanged. The year-to-year comparison (December 2016 compared to December 2015) showed that the CPI declined by 1.6 per cent. Meanwhile, the average CPI for 2016 recorded an inflation rate of -0.7 per cent.
 

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 December and Annual 2016 is available on JPKE's website: www.depd.gov.bn.

Source:
@BRUDIRECT.COM

by BruDirect.com

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