Inflation Brunei 2023

Average inflation: 0.4%

Current Inflation

Inflation is very low at 0.4%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 1.4%. The lowest inflation was in September at -0.7%.

Highest month
January: 1.4%
Lowest month
September: -0.7%
Difference
2.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 2.7%. The lowest price increase was in Energy with an average of 0.3%.

Highest increase
Food: 2.7%
Lowest increase
Energy: 0.3%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 1.5%.

5-year average
1.5%
10-year average
0.6%
All-time high (2022)
3.7%
All-time low (2017)
-1.3%

Trend

Inflation shows a downward trend. Compared to 2022, inflation has fallen by +3.3 percentage point.

Change vs. previous year
-3.3 percentage points
Largest monthly swing
September: -5.0 percentage points

ECB Target

Inflation is 1.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2023

Inflation by category

Food
2.7%
+2.3vs avg.
More details →
Energy
0.3%
-0.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2022
January 1.4% -1.4
February 1.2% -2.0
March 0.4% -3.4
April 0.2% -3.7
May 0.8% -3.0
June 0.2% -3.7
July 0.1% -4.0
August -0.1% -4.6
September -0.7% -5.0
October 0.1% -3.4
November 0.2% -2.9
December 0.7% -2.6
Average 0.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also