24 April 2024
The Consumer Price Index (CPI) in March 2024 registered a decrease of 0.5 per cent
compared to March 2023, mainly driven by a 1.0 per cent decrease in the Non-Food index.
Meanwhile, the Food and Non-Alcoholic Beverages index recorded an increase of 1.5 per
cent.
The decrease in the Non-Food index was mainly due to a fall in the prices of Clothing and
Footwear (13.1 per cent); and Communication (2.8 per cent) particularly internet services.
Meanwhile, an increase in the Food and Non-Alcoholic Beverages index was driven by the
rise in the prices of Non-Alcoholic Beverages (10.8 per cent) particularly ready-to-consume
drinks; and Milk, Dairy Products and Eggs (3.8 per cent).
Compared to February 2024, both the Food and Non Alcoholic Beverages index and Non
Food index have increased by 0.1 per cent contributing to an overall increase by 0.1 per cent
in the CPI in March 2024.
Food and Non-Alcoholic Beverages index was contributed by prices of Fish and Seafood (0.7
per cent); and Meat (0.4 per cent). Meanwhile, the Non-Food index was due to costs of
Recreation and Culture (1.4 per cent), particularly holiday and umrah packages; and Clothing
and Footwear (1.2 per cent).
The CPI is a measure of price changes of basket of goods and services paid by the consumer
in a specified period and compiled on a monthly basis. The list of goods and services in the
CPI is based on the average expenditure per household from the Household Expenditure
Survey (HES). The CPI full report for March 2024 is available from the DEPS website at
https://deps.mofe.gov.bn
Full Report: Consumer Price Index March 2024 Full Report