The annual inflation rate in Brunei rose to 3.3 percent in December 2022 from a ten-month low of 3.1 percent in November. Cost picked up for transport (4.2% vs 1.8% in the previous month), restaurants & hotels (4.8% vs 4.5%), housing (2.4% vs 2.3%), and recreation & culture (1.1% vs 1.0%). Also, the cost of health went up by 0.1% after being flat. Prices of food increased the least since April (5.1% vs 5.8%), while those of miscellaneous goods and services grew faster (13.4% vs 13.5%). On the other hand, prices dropped further for furnishing & household maintenance (-0.7% vs -0.4%), clothing (-7.2% vs -3.0%), and communication (-2.6% vs -2.6%). On a monthly basis, consumer prices advanced by 0.4 percent, the first rise in three months, after a 0.1 percent fall in November. For the whole year, the overall CPI registered an increase of 3.7 percent, with the food and non-food indexes adding 5.1 percent and 3.3 percent each. source: Department of Economic Planning and Development, Brunei

Inflation Rate in Brunei averaged 0.85 percent from 2007 until 2022, reaching an all time high of 4.50 percent in August of 2022 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 March of 2023.

Inflation Rate in Brunei is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brunei Inflation Rate is projected to trend around 0.50 percent in 2023 and 1.00 percent in 2024, according to our econometric models.

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Brunei Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2019-03-07 04:30 AM Jan -0.1% 0.05% 0.2%
2019-03-29 12:30 AM Feb -0.2% -0.1%


Related Last Previous Unit Reference
Inflation Rate 3.30 3.10 percent Dec 2022
Inflation Rate MoM 0.40 -0.10 percent Dec 2022
Food Inflation 5.10 5.80 percent Dec 2022
Consumer Price Index CPI 107.00 106.60 points Dec 2022

Brunei Inflation Rate
In Brunei, the most important categories in the consumer price index are transport (20 percent of the total weight) and food and non-alcoholic beverages (19 percent). The index also includes: housing, water, electricity, gas and other fuels (12 percent); hotels and restaurants (11 percent); miscellaneous goods and services (8 percent); furnishings, household equipment and routine (7 percent); education (7 percent); recreation and cultural activities (7 percent); communication (6 percent); clothing and footwear (4 percent); and health (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.10 4.50 -1.60 2007 - 2022 percent Monthly
2015=100

News Stream
Brunei Inflation Rate Rises to 3.3% in December
The annual inflation rate in Brunei rose to 3.3 percent in December 2022 from a ten-month low of 3.1 percent in November. Cost picked up for transport (4.2% vs 1.8% in the previous month), restaurants & hotels (4.8% vs 4.5%), housing (2.4% vs 2.3%), and recreation & culture (1.1% vs 1.0%). Also, the cost of health went up by 0.1% after being flat. Prices of food increased the least since April (5.1% vs 5.8%), while those of miscellaneous goods and services grew faster (13.4% vs 13.5%). On the other hand, prices dropped further for furnishing & household maintenance (-0.7% vs -0.4%), clothing (-7.2% vs -3.0%), and communication (-2.6% vs -2.6%). On a monthly basis, consumer prices advanced by 0.4 percent, the first rise in three months, after a 0.1 percent fall in November. For the whole year, the overall CPI registered an increase of 3.7 percent, with the food and non-food indexes adding 5.1 percent and 3.3 percent each.
2023-02-07
Brunei November Inflation Rate Slows to 10-Month Low
The annual inflation rate in Brunei fell to a ten-month low of 3.1 percent in November 2022 from 3.5 percent in the previous month. Food prices rose the least since June (5.8% vs 6.1% in October), followed by a slowdown in the cost of transport (1.8% vs 3.7%), recreation and culture (1.0% vs 2.8%), and miscellaneous goods and services (13.5% vs 13.9%). At the same time, prices dropped for furnishing & household maintenance (-0.4$ vs 0.4%), clothing (-3.0% vs -6.5%), and communication (-2.6% vs -2.6%). By contrast, the cost of health was almost flat after declining 0.7% in October, while inflation was higher for housing (2.3% vs 2.2%) and restaurants and hotels (4.5% vs 4.1%). On a monthly basis, consumer prices decreased by 0.1 percent in November, marking the second straight fall.
2023-01-16
Brunei October Inflation Rate Lowest in 8 Months
The annual inflation rate in Brunei fell to an eight-month low of 3.5 percent in October 2022 from 4.3 percent in the previous month. Food prices rose the least since June (6.1% vs 6.7% in September), amid a slowdown in cost of furnishing & household maintenance (0.4% vs 0.6%), housing(2.2% vs 2.4%), and transport (3.7% vs 5.9%). At the same time, prices declined further for clothing (-6.5% vs -2.3%), health (-0.7% vs -0.6%), and communication (-2.6% vs -1.6%). Meantime, inflation was a bit higher for recreation and culture (2.8% vs 2.7%), restaurants and hotels (4.1% vs 3.9%), and miscellaneous goods and services (13.9% vs 13.8%). On a monthly basis, consumer prices dropped by 0.6 percent in October, the first fall in three months, after gaining 0.2 percent in September.
2023-01-04