The annual inflation rate in Brunei inched higher to 2.6 percent in June 2020 from 2.5 percent in the previous month. This was the highest inflation rate since October 2011, as clothing prices increased more (11.5% vs 4.7% in May), due to a faster rise in prices of garments; clothing material as well as shoes and other footwear. Also, prices rose faster for furnishings, household maintenance (3.2% vs 2.9%), recreation & culture (0.5% vs 0.1%), health (0.8% vs 0.7%), while education inflation was steady (at 2%). Meantime, prices increased less for food & non-alcoholic beverages (2.8% vs 3.6%), transport (1.9% vs 2%), housing & utilities (0.02% vs 0.03%), and miscellaneous goods & services (11.6% vs 11.7%). By contrast, cost of restaurants & hotels dropped more (-1.0% vs -0.4%). On a monthly basis, consumer prices edged up by 0.03 percent, after a 0.2 percent drop in May.

Inflation Rate in Brunei averaged 0.50 percent from 2007 until 2020, reaching an all time high of 3.59 percent in October of 2008 and a record low of -1.60 percent in December of 2016. This page provides the latest reported value for - Brunei Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brunei Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Inflation Rate in Brunei is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Brunei to stand at 4.00 in 12 months time. In the long-term, the Brunei Inflation Rate is projected to trend around 3.00 percent in 2021, according to our econometric models.

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Brunei Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.50 3.59 -1.60 2007 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2019-01-11 12:30 AM Nov 0.2% -0.02%
2019-02-11 12:30 AM Dec 0.05% 0.2% 0.3%
2019-03-07 04:30 AM Jan -0.1% 0.05% 0.2%
2019-03-29 12:30 AM Feb -0.2% -0.1%


News Stream
Brunei Inflation Rate Highest Since 2011
The annual inflation rate in Brunei inched higher to 2.6 percent in June 2020 from 2.5 percent in the previous month. This was the highest inflation rate since October 2011, as clothing prices increased more (11.5% vs 4.7% in May), due to a faster rise in prices of garments; clothing material as well as shoes and other footwear. Also, prices rose faster for furnishings, household maintenance (3.2% vs 2.9%), recreation & culture (0.5% vs 0.1%), health (0.8% vs 0.7%), while education inflation was steady (at 2%). Meantime, prices increased less for food & non-alcoholic beverages (2.8% vs 3.6%), transport (1.9% vs 2%), housing & utilities (0.02% vs 0.03%), and miscellaneous goods & services (11.6% vs 11.7%). By contrast, cost of restaurants & hotels dropped more (-1.0% vs -0.4%). On a monthly basis, consumer prices edged up by 0.03 percent, after a 0.2 percent drop in May.
2020-08-11
Brunei Inflation Rate Highest Since 2011
The annual inflation rate in Brunei rose to 2.5 percent in May 2020 from 1.9 percent in the previous month. This was the highest inflation rate since October 2011, with prices of food & non-alcoholic beverages rising the most since April 2012 (3.6% vs 3% in April), led by meat (2.7%), milk, dairy, eggs (2.2%) and vegetables (18.1%). Also, transport cost rebounded (2% vs -0.2%) on the back of further rises in prices of housing & utilities (0.03% vs 0.01%, miscellaneous goods & services (11.7% vs 10.9%), furnishings, household maintenance (2.9% vs 3.3%), education (2% vs 2%), recreation & culture (0.1% vs 0.3%), clothing (4.7% vs 5.6%), and health (0.7% vs 0.6%). In contrast, cost of restaurants & hotels dropped more (-0.4% vs -0.3%). On a monthly basis, consumer prices fell by 0.2 percent, the first monthly drop since November 2019, after a 0.2 percent gain in April.
2020-07-13
Brunei Inflation Rate at 8-1/2 Year High of 1.9%
The annual inflation rate in Brunei rose to 1.9 percent in April 2020 from 1.6 percent in the previous month. This was the highest inflation rate since October 2011, mainly due to a faster rise in prices of food & non-alcoholic beverages. Food & non-alcoholic beverages prices rose by 3.0%, the most since April 2012 , after a 1.1% rise in March, mainly led by meat (3.3%); milk, dairy, eggs (2.4%) and vegetables (19.9%). Also, prices rose further for furnishings, household maintenance (3.3% vs 2.1%); miscellaneous goods & services (11.3% vs 10.9%); education (2% vs 2%); health (0.6% vs 0.7%); recreation & culture (0.3% vs 0.7%); housing & utilities (0.01% vs 0.02%) while that of clothing rebounded sharply (5.6% vs -0.7%). Meanwhile, cost fell for transport (-0.2% vs -0.9%); restaurants & hotels (-0.3% vs 4.8%); and communication (-1.1% vs -1.2%). On a monthly basis, consumer prices went up 0.2 percent, the least in four months, after a 0.3 percent gain in March.
2020-06-08
Brunei Inflation Rate at Over 8-Year High of 1.4%
The annual inflation rate in Brunei surged to 1.4 percent in February 2020 from 1.1 percent in the previous month. This was the highest inflation rate since December 2011, mainly due to a faster rise in prices of food & non-alcoholic beverages (1.0% vs 0.3% in January), the most since October 2018, led by meat (1.0%); milk, dairy, eggs (0.9%), vegetables (19.5%) as well as other food products (1.5%).Also, prices increased further for clothing (5.1% vs 0.3%); furnishings, household maintenance (2.4% vs 1.9%); health (1.1% vs 0.9%); education (2.3% vs 0.5%); miscellaneous goods & services (11.4% vs 11.1%); communication (0.2% vs 0.2%); recreation & culture (0.5% vs 0.6%), and restaurants & hotels (5.0% vs 5.4%). Meanwhile, cost fell further for both housing & utilities (-1.6% vs -1.6%) and transport (-3.1% vs -2.4%). On a monthly basis, consumer prices went up 0.5 percent, after a 0.6 percent gain in January.
2020-04-10

Brunei Inflation Rate
In Brunei, the most important categories in the consumer price index are food and non-alcoholic beverages (19 percent of the total weight) and transport (18.8 percent). The index also includes: housing, water, electricity, gas and other fuels (11 percent); furnishings, household equipment and routine (11 percent); recreation and cultural activities (9.1 percent); hotels and restaurants (8.8 percent); miscellaneous goods and services (6.5 percent); communication (6.0 percent); clothing and footwear (4.2 percent); education (3.9 percent) and health (1.3 percent).