Brunei’s Consumer Price Index Up 2.1% YoY in August 2020

Brunei’s Consumer Price Index Up 2.1% YoY in August 2020

http://islamicmarkets.com/articles/brunei-s-consumer-price-index-up-2-1-yoy-in-august-2020
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Brunei’s overall Consumer Price Index (CPI) increased 2.1% year-on-year (YoY) in August 2020, and reached 100.7. Key sector contributors to this increase included Miscellaneous Goods and Services (accounted for 41.3% of the total overall YoY CPI increase), Food and Non-alcoholic Beverages (22.6%) and Transport (13.7%). These sectors grew 11.4%, 2.5%, and 1.6% YoY, respectively in August 2020.

Key sectors that witnessed declines in the CPI for August 2020 include Restaurants and Hotels, down 1.0% YoY, Recreation and Culture, down 0.1% YoY, with Housing, Water, Electricity, Gas and Other Fuels declining 0.02% in the same month.

On a month-on-month (MoM) basis, Brunei’s CPI...