The annual inflation rate in Brunei edged up to 2.1% in August 2020 from a three-month low of 2.0% in July. Prices of food & non-alcoholic beverages rose by 2.5%, accelerating from a 2.2% gain in July, mainly due to vegetables, meat, and fish and seafood. Also, cost of clothing went up much faster (5.2% vs 1.7%), mainly due to garments and clothing materials. At the same time, prices continued to rise for furnishings, household maintenance (2.8% vs 3%), health (0.6% vs 0.7%), transport (1.6% vs 2.2%), education (2% vs 2%), and miscellaneous goods & services (11.4% vs 10.6%). In contrast, cost fell for housing & utilities (-0.02% vs 0.01%), recreation & culture prices (-0.1% vs -0.2%), and restaurants & hotels (-1% vs -1.1%). On a monthly basis, consumer prices fell 0.2% after a 0.1% drop in July. source: Department of Economic Planning and Development, Brunei

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 December of 2020.

Inflation Rate in Brunei is expected to be 1.80 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 0.80 in 12 months time. In the long-term, the Brunei Inflation Rate is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Brunei Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.00 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 Inches Higher in August
The annual inflation rate in Brunei edged up to 2.1% in August 2020 from a three-month low of 2.0% in July. Prices of food & non-alcoholic beverages rose by 2.5%, accelerating from a 2.2% gain in July, mainly due to vegetables, meat, and fish and seafood. Also, cost of clothing went up much faster (5.2% vs 1.7%), mainly due to garments and clothing materials. At the same time, prices continued to rise for furnishings, household maintenance (2.8% vs 3%), health (0.6% vs 0.7%), transport (1.6% vs 2.2%), education (2% vs 2%), and miscellaneous goods & services (11.4% vs 10.6%). In contrast, cost fell for housing & utilities (-0.02% vs 0.01%), recreation & culture prices (-0.1% vs -0.2%), and restaurants & hotels (-1% vs -1.1%). On a monthly basis, consumer prices fell 0.2% after a 0.1% drop in July.
2020-10-26
Brunei Inflation Rate at 3-Month Low of 2% in July
The annual inflation rate in Brunei declined to 2.0 percent in July 2020 from 2.6 percent in the previous month. This was the lowest inflation rate since April, as food & non-alcoholic beverages prices decreased to a four-month low of 2.2% in July from 2.8% in June, while housing & utilities rose at a softer (0.01% vs 0.02%). Also, clothing prices rose much less (1.7% vs 11.5%), due to a softer increase in prices of clothing material as well as garments. In addition, prices went up softer for furnishings, household maintenance (3.0% vs 3.2%), health (0.7% vs 0.8%), and miscellaneous goods & services (10.6% vs 11.6%). Meanwhile, recreation & culture prices fell (-0.2% vs 0.5%), while cost of restaurants & hotels dropped more (-1.1% vs -1.0%). On the other hand, prices continued to rise for transport (2.2% vs 1.9%), while education inflation was steady (at 2%). On a monthly basis, consumer prices inched down by 0.1 percent, after a 0.03 percent rise in June.
2020-09-28
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
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).