Consumer Price Index

20th July 2010 : NSB is pleased to release Consumer Price Index (CPI) Bulletin for the 2nd Quarter ending 30th June 2010. The year-on-year inflation is estimated at 6.14%. This is contributed by rise in prices of food items by 6.90%, and non-food items by 5.73%.

The quarter-to-quarter inflation also went up by 3.33%, up from 1.57% in the previous quarter of 2010, mainly due to hike in the prices of non-food commodities by 4.15%. The increase under housing and rentals was significant at   9.59%. Food prices however recorded only 1.85 % increase during the quarter.

Purchasing Power of Ngultrum (PPN): Ngultrum 100 in 2010 is worth only Ngultrum 68 at 2003 prices. This indicates the value of the Ngultrum has depreciated by 32% over the last seven years. (Download)