BANDAR SERI BEGAWAN, July 29 (Xinhua): Brunei's overall consumer price index (CPI) in May 2021 increased by 1.1 percent year-on-year, the latest statistical figures released this week have shown.
According to the country's Department of Economic Planning and Statistics at the Ministry of Finance and Economy, the CPI rise was contributed mainly by increase in the prices and costs of transport (6.7 percent); food and non-alcoholic beverages (0.9 percent); and restaurants and hotels (0.7 percent).
Meanwhile, on a monthly basis, the May 2021 CPI recorded a decrease of 0.1 percent compared to April 2021.
CPI is a measure of price changes of goods and services paid by the consumer in a specified period. Brunei's list of goods and services in the CPI is based on the average expenditure per household. - Xinhua