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Cost of inflation?

April 26, 2014
in Uncategorized
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[media id=754 width=320 height=260]

The Economic Professor at the Royal Thimphu College, Sanjeev Mehta, said the average inflation rate has been over nine percent, annually. He added inflation over and above 10 percent is considered alarming in any economy.

Last year, towards the end of December, the inflation was recorded at 11.3 percent. Of which, 31 percent was contributed by alcohol and narcotics like doma.

This is a special report filed by our reporter, Pema Tshoki.

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