- Headline Inflation (Year-on-Year) – National level
The headline inflation in April increased to 2.49 percent. This increase was mainly driven byincrease in the Food index. The average inflation from January 2025 to April 2025 is 3.13 percent.
1.1 Food Inflation
The Food inflation increased to 6.10 percent in April 2025. Within the Food category, the Food & non-alcoholic beverages index recorded an increase of 6.66 percent, while the Alcoholic beverages & betel nuts index saw a drop of -0.52 percent.
1.2 Non-food Inflation
The Non-food inflation decreased to -0.95 percent in April 2025. The main driver of this decrease was Transport index which saw a drop of -6.66 percent. The Communication index saw an increase of 7.77 percent, followed by Clothing & footwear with 7.14 percent increase.
Headline Inflation (Month-on-Month) – National Level
The month-on-month inflation increased to 0.49 percent in April 2025. This increase was driven by increase in the indices of both food and non-food.
- Regional Headline Inflation (Month-on-Month) –Capital City – Thimphu
Month-on-month inflation for the Capital City increased to 0.44 percent in April 2025. This increase was driven by a 0.92 percent rise in the Food index and a 0.01 percent increase in the Non-food index.
- Central Region (Bumthang, Dagana, Sarpang, Zhemgang, Trongsa, Tsirang)
In April 2025, the month-on-month inflation for the Central region increased to 0.63 percent compared to the previous month.
- Western Region (Gasa, Punakha, Thimphu, Wangdue Phodrang, Haa, Paro, Samtse, Chhukha)
In April 2025, the month-on-month headline inflation of the Western region increased to 0.59 percent. This was mainly driven by a 0.72 percent increase in the index of Food and a 0.46 percent increase in the index of Non-food.
- Eastern Region (Monggar, Trashigang, Trashi Yangtse, Lhuentse, Pema Gatshel, Samdrup Jongkhar)
In April 2025, the month-on-month headline inflation rate for the Eastern region increased to 0.59 percent, mainly driven by increase in both the Food and Non-food index.
- Annual average Inflation – National Level
The annual average national headline inflation from January 2024 to December 2024 eased to 2.82 percent in 2024, down by 1.41 percentage points from 4.23 percent in 2023. The downward trend in inflation were primarily driven by a slower annual increment in food and non-food index.
Average food inflation decelerated to 0.48 percent from 3.97 percent in 2023. This deceleration was due to easing of Food & non-alcoholic beverages index to 0.49 percent and that of Alcoholic beverages & betel nuts to 0.24 percent.
- Purchasing Power of the Ngultrum – National Level
The purchasing power of the Ngultrum, as measured by CPI, stood at Nu. 54.2 as of April 2025 as compared to December 2012. This means, Nu. 100 in April 2025 is worth only Nu. 54.2 at December 2012 prices. The Purchasing Power of the Ngultrum has eroded by 2.43 percent inthe last year (from April 2024 to April 2025) due to price increases in the economy.
For detailed information, please visit our website at https://www.nsb.gov.bt/publications/price-statistic/consumer-price-index/