National Statistics Bureau of Bhutan

01/30/2023 | Press release | Distributed by Public on 01/30/2023 04:49

Consumer Price Index, December 2022

The price of consumer goods and services increased by 4.44 percent in December 2022 compared to the same month last year. Rate of increase dropped for both food and non-food with1.50 percent and 7.01 percent respectively compared to the October month. Transport was the main driver with 13.16 percent increase, contributing 44 percent of the overall inflation followed by food & non-alcoholic beverages and clothing and footwear recording 1.45 percent and 7.28
percent increase respectively, equally contributing 15 percent each to the overall inflation.

Month-on-month CPI in December is 0.05 percent, which is a decline from November. While the food prices increased by 0.55 percent, the non-food prices went down by 0.38 percent in December, mainly driven by the decrease in the price of transport by 1.33 percent. Except for transport, the prices of the other eleven major divisions have increased.

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