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  1. Headline Inflation (Year-on-Year) – National level

The headline inflation in February increased to 3.38 percent. This increase was mainly driven
by increase in the indices of both food and non-food.

   1.1 Food Inflation

The Food inflation increased to 5.45 percent in February 2025. Within the Food category, the Food & non-alcoholic beverages index recorded an increase of 6.00 percent, while the Alcoholic beverages & betel nuts index saw a drop of -1.13 percent.

   1.2 Non-food Inflation

The Non-food inflation increased to 1.10 percent in February 2025. The Transport index saw a drop of -3.46 percent, Health index saw a drop of -0.43 percent and Housing & utilities index dropped to -0.52 percent.

    Headline Inflation (Month-on-Month) – National Level

The month-on-month inflation increased to 0.37 percent in February 2025.Month-on-month inflation for the Capital City increased to 1.04 percent in February 2025. This
increase was driven by a 2.11 percent rise in the Food index and a 0.06 percent increase in the
Non-food index.

  1. Regional Headline Inflation (Month-on-Month) –Capital City – Thimphu

Month-on-month inflation for the Capital City increased to 1.54 percent in January 2025. This increase was driven by a 0.17 percent rise in the Food index and a 2.81 percent increase in the Non-food index.

  • Central Region (Bumthang, Dagana, Sarpang, Zhemgang, Trongsa, Tsirang)

In February 2025, the month-on-month inflation for the Central region increased to 0.39
percent compared to the previous month.

  • Western Region (Gasa, Punakha, Thimphu, Wangdue Phodrang, Haa, Paro, Samtse, Chhukha)

In February 2025, the month-on-month headline inflation of the Western region increased to
0.46 percent. This was mainly driven by increase in the indices of both Food and Non-food.

  • Eastern Region (Monggar, Trashigang, Trashi Yangtse, Lhuentse, Pema Gatshel, Samdrup Jongkhar)

In February 2025, the month-on-month headline inflation rate for the Eastern region
increased to 0.21 percent, mainly driven by increase in both the Food and Non-food index.

  1. 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.

 

 

  1. Purchasing Power of the Ngultrum – National Level

The purchasing power of the Ngultrum, as measured by CPI, stood at Nu. 54.6 as of February 2025 as compared to December 2012. This means, Nu. 100 in February 2025 is worth only Nu.54.6 at December 2012 prices. The Purchasing Power of the Ngultrum has eroded by 3.27 percent in the last year (from February 2024 to February 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/

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