The Consumer Price Index (CPI) in March 2016 has shown an increase by 0.8 per cent over February 2016.

Meanwhile, the Food and Non-Alcoholic Beverages and the Non-Food Index both increased by 0.2 per cent and 0.9 per cent, respectively, a press release stated.

The main factor associated with the rise of the month-on-month Consumer Price Index was due to the higher price in the Transport Index by 1.5 per cent, mainly attributed by the price of airline fare ticket.

This was followed by an increase in the Clothing and Footwear Index by 5.7 per cent led by higher prices of several garments as well as shoes and other footwear.

Furnishings, Household Equipment and Routine Household Maintenance Index also has increased by 2.1 per cent due to increase in prices of household textiles.

Meanwhile, the indices for Health and Education remain unchanged.

Restaurants and Hotels Index recorded a decrease of 0.6 per cent due to lower prices of selected food items from restaurants and cafes as well as accommodation services.

While Recreation and Culture Index dropped by 0.1 per cent due to lower price of stationery and drawing materials.

Communications Index also has decreased by 0.1 per cent mainly due to lower prices of telephone and telefax equipment.

In comparison to March 2015, the CPI for March 2016 has increased by less than 0.05 per cent, mainly due to higher indices of recreation and Culture by 3.6 per cent; Education (6.0 per cent); and Transport (0.5 per cent).

CPI is a measure of price changes of goods and services paid by the consumer in a specified period.

The list of goods and services in the CPI is based on the average expenditure per household from the Household Expenditure Survey.

The CPI full report for March 2016 is available from JPKE's website: www.depd.gov.bn.

Source:
@BRUDIRECT.COM

by BruDirect.com

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