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Bhutan’s half yearly inflation at 5.7 percent

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Bhutan’s half yearly inflation between January to June this year has averaged 5.7 percent, which is significantly lower compared to the same period last year according to figures available with the National Statistics Bureau (NSB).

In the same period last year, inflation averaged 9 percent. The decrease in inflation this year according to officials from NSB has been mostly contributed by falling crude oil prices in the global market. NSB officials said, on a year on year basis, fuel prices decreased significantly.

Improved monsoon in India also led to slower price rise as agriculture produce increased.

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