Inflation Brunei 2024

Average inflation: -0.4%

Current Inflation

There is deflation with consumer prices declining by 0.4%.

Peak and Trough

The highest inflation was in January at 0.1%. The lowest inflation was in October at -0.8%.

Highest month
January: 0.1%
Lowest month
October: -0.8%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 0.5%. The lowest price increase was in Energy with an average of -1.0%.

Highest increase
Food: 0.5%
Lowest increase
Energy: -1.0%

Historical Context

Current inflation is 1.9% 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 2023, inflation has fallen by +0.8 percentage point.

Change vs. previous year
-0.8 percentage points
Largest monthly swing
February: -1.7 percentage points

ECB Target

Inflation is 2.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2024

Inflation by category

Food
0.5%
+0.9vs avg.
More details →
Energy
-1.0%
-0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2023
January 0.1% -1.3
February -0.5% -1.7
March -0.5% -0.9
April -0.2% -0.4
May -0.2% -1.0
June -0.3% -0.5
July -0.4% -0.5
August -0.5% -0.4
September -0.4% +0.3
October -0.8% -0.9
November -0.5% -0.7
December -0.5% -1.2
Average -0.4%

Data source

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

See also