Brunei CPI

Today I managed to read a report published by the Department of Economic Planning and Development (DEPD) on our country consumer price index (CPI) - http://www.depd.gov.bn/cpi/2011/CPI_112011.pdf. It stated that up to the month of November 2011, our country's CPI had increased by 2 percent. One area that I particularly interested the most is the Food and Non-alcoholic beverages (F&NB).

According to the report, CPI for F&NB had increased to 1.5 percent. To some people that increment might sound insignificant. However, if we look the figures since 2005, F&NB had increased by 14.1 percent!!. That's right folks, our food had increased quite significantly. Is there anything we can do about it?

Well, not much really. According to FAO, world food prices shall remain high for awhile even though the food index dipped to 231.1 points in August (In 2009, the food index was below 130 points). Further reading can be found on the following - http://www.bt.com.bn/business-world/2011/09/09/food-prices-remain-high-says-fao

So folks, it's look like that nasi katok will be on the menu for awhile. On the same token, I am wondering if those nasi katok sellers can maintain their B$1 price....hmmmm...