Bhutan - Statistics - 2009 2ndquarter

QUARTERLY CONSUMER PRICE INDEX
BULLETIN
NATIONAL STATISTICS BUREAU

P.O.BOX.# 338,THIMPHU BHUTAN
PHONE # +00975-2-335851
FAX # +975-2-323069
WEBSITE:www.nsb.gov.bt
NATIONAL ACCOUNTS
AND
PRICE DIVISION
Catalogue No. 101
2nd Qtr 2009
SURVEY FORMS.
The survey forms of retail prices of commodities and services are as
follows:
1.
2.
3.
4.
5.
Form CPI 1 = Agricultural products.

Form CPI 2 = Fresh fish and meat.
Form CPI 3 = Processed food and non alcoholic beverages.
Form CPI 4 = Alcoholic beverages, cigarettes and non- food.
Form CPI 5 = Fuel, electricity, transportation, communication
& school fees.
6. Form CPI 6 = Monthly rentals.
INDEX CONSTRUCTION.
The average prices of a commodity from results of the price surveys are gathered. This
is just the arithmetic mean (sum of all the prices taken divided by the number of quotations).
The price relative is computed for each of the specifications. The price relative is the
simplest form of an index number. Price relative is current average price divided by
base year average price multiplied by 100.
Index are computed at 4-digit group level as the simple average of the price relative
belonging to that group.
The index for the 3-digit group is computed as the weighted average of
the 4-digit group indexes belonging to that group. Like wise for 2-digit
and 1-digit group, the similar formula is used.
The overall index is computed by getting the weighted average of the
indexes of the 12 major group items.
The national index is the weighted average of all indexes of the 23
towns.
17
MARKET BASKET.
A market basket refers to a sample of goods and services that is used to
represent all goods and services bought. in constructing the market basket, items are first combined into groups of similar commodities. The
commodity groups selected for the CPI are:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Food and Non-Alcoholic Beverages.

Alcoholic Beverages, Tobacco and Narcotics.
Clothing and Footwear.
Housing, Water, Electricity, Gas and Other fuels.
Furnishing, Household equipment and Routine Household
maintenance.
Health.
Transport.
Communication.
Recreation and Culture.
Education.
Restaurant and hotels.
Miscellaneous goods and services.
SAMPLE OUTLETS.
These are establishments or retail outlets where prices of commodities/
services are collected or quoted. These include shops, footwear stores,
tailoring shops, hotel bars, hairdressers, etc. Outlets are selected according to set of criteria that takes into account location, popularity of the
establishment along the line of goods to be priced, consistency and
completeness of stock and permanency of the outlet.
PRICING PERIODS AND PROCEDURES.
The accuracy of any statistics depends upon the reliability of the basic
information collected. This is especially true for the CPI. While it is
necessary to have reliable weighting systems and compilation methods,
collecting the basic price information in an accurate and methodical
fashion is equally important. Prices of all agricultural items, as these are
more volatile, are collected monthly during the first Saturday of the
month. Prices of all other items are gathered during the first week of the
2nd month of every quarter.
School fees and related charges are taken once a year, every beginning
of the school year and accounts for the annual fees. The entry is carried
out all through the succeeding quarters until the next school year.
SL NO.
CONTENT
PAGE NO.
1 Foreword
2 Highlights
3 Consumer Price Index; Food and non food components
4 Index of Major components
5 Year on year inflation Major components
6 Quarter to quarter inflation of Major components
7 Index of Sub major components
8 Quarter to quarter inflation of Sub major components
9 Year on year inflation of Sub major components
10
10 Graph 1: Change in Index points
11
11 Graph 2: Year on Year inflation rate
12
12 Graph 3: Quarter to quarter growth rate
13
13 Technical Notes
14
14 Rebasing CPI
15
15 Market Baskets
16
16 Survey Forms
17
CPI price collection is conducted by personal visit by our Statistical

Officers in the Dzongkhags
16
2. The quarterly Food price index of Thimphu.

This was initiated in July 1987 originally as a monthly series. But has been compiled as a quarterly series from the June quarter 1988. The index referred to the
average price during the quarter and was based on the collection of prices for a
number of food items from a selection of shops in Thimphu. Prices of fruits and
vegetables were collected once a month from the fruit and vegetable market.
( FOREWORD )
The Consumer Price Index (CPI) measures the changes over time in the
average retail price of a fixed basket of consumer commodities and services generally purchased by households for personal consumption. The
year on year rate of change of the CPI is widely used as an indicator
to measure the changes in prices.
The current bulletin is based on the re-based price i.e. 3rd Qtr. 2003.
However, during the 3rd Qtr. 2003 and 1st Qtr. 2004, year- on-year rate
of change of the CPI could not be calculated. Comparisons cannot be
made because there was no quarterly index produced for 3rd quarter of
the previous year.
The half yearly bulletins published in the previous years are considered
as: 1st half as 2nd quarter and 2nd half as 4th quarter.
REBASING OF CPI.
The CPI derives its usefulness in its representation of how much a typical market basket
behaves over a specific time period. When the basket of the reference year no longer
represents what household commonly purchases, the CPI becomes irrelevant and
would tend to give wrong market signals.
Bhutans CPI has 1979 as base year. Undoubtedly, substantial changes had taken place
since then economically, socially and technologically. A number of new products had
emerged. These factors contributed to the change in households tastes and preferences
thereby causing the fixed market basket of goods and services to become outmoded.
To capture such changes for a more meaningful price comparison, it was necessary to
re - base the CPI. This entailed the revision of or updating the base year, the weights, the
fixed market basket and the sample outlets.
BASE PERIOD.
The base period is the period, usually a year, during which the index number is set to
100 (but it could be any number: 1,000 or 1 or anything else). 100 is usually selected
since it facilitates the calculation of percentage changes from the base to the current
period.
The year 2003 was chosen as the base year since it was the year when the Bhutan Living Standard Survey was conducted. The Household Income Expenditure Survey or
Living Standard Survey are the usual source of weights and the basis for drawing up the
market basket.
WEIGHTS.
The weights consider the relative importance of each index item in the total index. CPI
Weighting patterns, as well as the market basket, are typically constructed from data on
household expenditure or living standard surveys. The present CPI weights are derived
from the Bhutan Living Standard Survey (BLSS) 2003 of the National Statistics Bureau (NSB). The survey gathered, among others, income and expenditure data, which
included the levels of consumption by item of expenditure up to the level necessary for
the generation of CPI weights.
15
TECHNICAL NOTES
AN OVERVIEW.
The Consumer Price Index (CPI) is a single number used to measure changes in the average retail prices of a market basket or collection of goods and services commonly purchased by an average household in Bhutan. It shows how much, on the average, prices of
goods and services have increased or decreased from a particular reference period known
as base year. It has been produced in June and December each year since 1979. With the
re-basing of base year from 1979 to 2003, the bulletin is published on quarterly basis.
The CPI plays an important role in national policy making, both in the economic and in
the social sphere. It is used for a wide variety of purposes. The CPI is the best and most
widely used measure of the rate of inflation. It is the indicator of the performance of the
economy and a basis for redirecting monetary and fiscal policies in a country. A popular
function is the use of CPI for indexation of wages and social security allowances (the adjustment of workers income in the form of wages and salaries, or as social security benefits (e.g. pensions). Besides these, CPI is used as a deflator to express value series in real
terms, that is, measuring the change in actual volume of transaction by removing the effects of price changes.
Year on Year Inflation.

The inflation has reached 2.96 percent this quarter. The decline in inflation this quarter was
mainly due to very high inflation in the same quarter last year. The 2nd quarter of 2008 recorded
an inflation of 8.85 percent. The inflation of 2.96 percent this quarter was because of food items
which increased by 6.67 percent as compared to 12.32 percent in the same quarter last year and
non-food items which increased by 1.11 percent as compared to 7.19 percent in the same quarter
last year.
Increase in average price level of food items were attributable to the rise in the prices of meat by
24.60 percent, tobacco by 12.51 percent, narcotics by 12.71 percent, milk, cheese and eggs by
8.47 percent and fish by 8.04 percent.
The increase in prices for meat was mainly driven by rise in prices of pork and beef by 27.84
percent. Tobacco increased due to the increase in relative prices of cigarette and chewing tobacco.
Narcotics soared high due to the relative increase in prices of doma muza. Milk, cheese and eggs
prices increased due to the increase in prices of eggs and eggs-based products by 16.86 percent.
Fish prices increased due to increase in the prices of fresh, chilled or frozen fish by 12.25 percent.
The main factor that contributed to increase in the prices of non-food items were mainly because
of the increase in prices of health by 3.86 percent and transport by 3.01 percent.
BACKGROUND
The National Statistics Bureaus (NSB) CPI dates back to 1979. Two price index were
produced and these are:
The increase in prices of health was mainly due to increase in prices of pharmaceutical products
by 13.54 percent. Prices of transport increased due to the increase in prices of transport services
by 9.72 percent.
1. The main CPI for Bhutan.
Quarter to Quarter Inflation.
This series was based on price collection undertaken in 17 towns

throughout Bhutan in June and December each year since June 1979.
The Price Indexes were calculated by first obtaining the average prices for each individual item across all towns. These averages were determined as weighted averages
based on the estimated population of each town. These national average prices were
then weighted together to form price indexes at the group level. Item weights were
based on the importance of each item in the spending patterns of the population. Finally, indexes at the group level were weighted together to form total indexes using
the weights that were likewise based on the importance of each group in the expenditure of the population. The weights used were based on information given in a
Survey of Consumer Expenditure undertaken in 1979.
On quarterly basis, all item inflation has increased by 2.91 percent. The increase was largely due
to the increase in prices of food and non-alcoholic beverages by 7.63 percent, miscellaneous
goods and services by 6.00 percent, restaurants and hotels by 3.07 percent,.
Food and non-alcoholic beverages prices increased mainly due to the rise in prices of meat by
23.79 percent. Miscellaneous goods and services price increased due to increase in prices of
personal care by 6.00 percent. Restaurants and hotel prices increased due to the rise in prices of
food taken away from home by 3.92 percent.
Purchasing Power of Ngultrum (PPN).
The PPN as measured by CPI is recorded at 73 Cheltrum as of 2nd Qtr 2009. This indicates that
100 Ngultrum of 2nd Qtr 2009 is worth only 73 Ngultrum of 3rd quarter 2003.
14
2005
100
TOTAL
5.49
100
5.46
5.68
5.40
31.67 6.23
68.33 5.13
0.96
100
1.00
0.92
5.02
0.90
0.86
0.96
0.65
4.93
4.89
2.13
0.89
1.41
1.67
0.84
3.13
3.58
-1.00
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
2007
2008
2009
-0.14
114.63 115.03 115.12 116.32 125.52 124.73 125.30 129.10 140.98 140.35 140.02 140.51 150.38
0.86
2.81
2.32
3.91
6.17
5.90
6.76
0.86
0.22
0.16
0.35
5.39
5.20
5.83
0.85
0.77
1.09
0.08
5.30
5.33
5.23
0.85
0.49
0.24
1.04
4.34
3.84
5.44
0.81
4.38
2.78
7.91
5.94
4.31
9.50
0.82
-0.15
0.07
-0.63
5.54
4.22
8.43
0.96 0.86 1.41
2.81
0.22
2006
0.77 0.49
4.38
-0.15
PERIOD
2007
0.05
1.69
7.15
0.81
0.05
-0.15
0.46
4.78
2.95
8.84
0.26
0.80
1.69
1.04
3.03
6.03
3.78
10.99
2008
12.52
2.91
0.75
0.26
0.62
-0.45
9.30
7.77
-0.19 -0.01
0.75
7.15
6.16
9.20
8.85
7.19
12.32
2009
0.75
-0.19
-0.18
-0.24
9.04
7.74
11.75
0.75
-0.01
-0.19
0.35
7.21
6.42
8.84
0.73
2.91
0.86
7.02
2.96
1.11
6.67
115.98 116.24 117.14 117.71 122.87 122.68 122.74 124.81 133.74 134.09 133.83 133.81 137.70
116.61 116.80 118.07 118.35 121.64 121.73 121.55 122.82 130.38 131.19 130.96 130.71 131.83
Quarter to quarter inflation
Graph 3: Quarter to Quarter inflation rate

(3rd Qtr 2003=100)
PPN
0.91
0.84
68.33 0.07
-0.14
1.23
31.67 -0.60
PURCHASING POWER OF NGULTRUM (PPN)
TOTAL
NON - FOOD
FOOD
PERCENTAGE CHANGE QUARTER TO QUARTER
TOTAL
NON - FOOD
FOOD
PERCENTAGE CHANGE YEAR ON YEAR
109.24 110.29 111.24 112.81
110.32
113.97
31.67 107.37 108.69 109.4

68.33 110.11 111.03 112.1
FOOD
INFLATIO N
2006
2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr
NON - FOOD
INDEX
Wt.
Q tr
ITEM
TABLE 1. CONSUMER PRICE INDEXES - FOOD AND NON FOOD COMPONENTS, BHUTAN (2nd Qtr. 2005 TO 2nd Qtr.2009)
(3rd Qtr. 2003=100)
Q tr
2nd
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
Q tr
2nd
Q tr
3r d
Q tr
4 th
Qtr .
1s t
Q tr
2nd
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
Q tr
2nd
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
13
2nd
ITEM
0.00
2.00
4.00
6.00
8.00
10.00
5.46
5.49
4.93
3.13
6.17
(3rd Qtr 2003=100)
5.39 5.30
2006
4.34
5.94
5.54 4.78
YEAR ON YEAR INFLATION
PERIOD
2007
6.03
8.85
2008
9.30
Wt.
5
100.00 100.00
109.24
93.33
92.68
96.48
96.51
96.34
95.92
97.01
126.59
124.81
112.81 115.98 116.24 117.14 117.71 122.87 122.68 122.74
118.26
100.00
126.02
97.51
127.20
119.08 123.77 123.82 123.52 121.63 125.25 126.34 126.37
116.00 116.29 116.98 117.84 117.22 116.91 118.04 118.07
100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
105.57 111.71 112.02 114.76 114.84 113.80 125.02 126.00
89.81
118.43 120.97 121.16 121.14 120.91 119.84 121.25 126.57
117.78
122.37
115.14 122.53 122.04 121.42

112.57 111.68 115.17
108.90 109.59 110.18 113.44 113.64 111.72 117.61 118.20
125.41
133.38
138.14
124.24 128.89 126.78 124.73
121.25 128.03 128.20 127.92
122.94 132.05 131.41 139.12
128.41
123.09 123.60 124.32
116.93 117.09 118.47
121.18 122.48 123.46
Restaurants and hotels. Therefore the weights may be aggregated at 23.77, if Indexes needs to be backtracked.
NOTE: From 2003 June and backwards, the HEALTH component is inclusive of Transport, Communication, Recreation & Culture, Education
100.00
110.29 111.24
3.01
RESTAURANTS AND HOTELS
100.00
104.65 104.65
87.59
TOTAL
4.04
EDUCATION
99.65
87.59
109.91 117.01
2.62
RECREATION AND CULTURE
89.76
115.62 117.31
MISCELLANEOUS GOODS & SERVICES

2.72 109.62
4.10
COMMUNICATION
111.87
106.40 106.40
111.13 115.17
7.06
TRANSPORT
106.03
108.85
2.94
109.81
106.43 107.18 107.24

5.68
113.03
116.97
120.76
109.29 110.30 112.52
112.38 112.43 116.27
117.35 117.68 117.91
HEALTH
2007
109.81 114.13 114.46 114.49 115.82 125.02 124.22 124.25
25.68
10.49
CLOTHING AND FOOTWEAR

HOUSING,WATER,ELECTRIC
ITY,GAS&OTHER FUELS
FURNISHING, HOUSEHOLD
EQUIPTMENT & ROUTINE
HOUSEHOLD MAINTENANCE
2.23
ALCOHOLIC BEVERAGES,
TOBACCO & NARCOTICS
2006
9.04
2008
7.21
2.96
2009
2009
133.74
131.73
127.65
100.00
128.84
97.67
140.08
124.31
129.51
132.99
144.92
145.42
140.64
134.09
131.70
127.36
100.00
129.38
96.95
143.78
123.15
128.03
134.73
144.86
146.98
139.85
133.83
132.01
127.90
100.00
130.29
97.06
143.79
123.61
127.40
133.70
145.56
151.68
139.13
133.81
125.64
124.63
100.00
130.13
96.90
141.58
137.70
133.18
128.46
100.00
131.04
96.55
144.30
129.11
128.00
127.77
127.08
134.94
145.53
155.58
149.99
134.80
144.23
155.59
139.36
4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr
108.41 108.88
2ndQtr 3rd Qtr
2005
TABLE 2. CONSUMER PRICE INDEXES - MAJOR COMPONENTS, BHUTAN (2nd Qtr. 2005 TO 2nd Qtr.2009)
(3rd Qtr 2003=100)
FOOD AND NON - ALCOHOLIC BEVERAGES

29.44 106.99
INFLATIO N
Graph 2: Year on Year inflation rate
Q tr
2n d
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
Q tr
2n d
Q tr
3r d
Q tr
4 th
Qtr .
1s t
Q tr
2n d
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
Q tr
2n d
Q tr
3r d
Q tr
4 th
.
Qtr
1s t
Q tr
2n d
12
4.10
2.62
4.04
3.01
COMMUNICATION
EDUCATION
INDEX
100.00
5.46
3.41
7.68
0.00
-3.37
-10.33
4.87
5.49
10.05
4.25
0.00
0.65
-10.85
4.41
4.93
12.43
0.36
0.00
-0.53
-12.41
6.97
0.03
1.18
9.42
4.52
11.33
4.54
0.00
20.00
40.00
60.00
80.00
100.00
120.00
140.00
160.00
109.39
111.24
110.29
109.24
(3rd Qtr 2003=100)
2007
2008
2005
2009
3.13
8.84
8.29
0.00
1.58
-9.08
8.87
2.02
115.98
112.81
5.39
12.66
5.26
0.00
7.04
5.81
4.79
3.55
5.30
5.56
2.32
0.00
9.66
10.15
3.26
6.62
7.39
5.44
5.29
6.18
5.15
4.34
2.14
1.05
0.00
8.78
7.46
2.09
4.35
4.85
2.88
7.27
5.10
5.47
5.94
1.20
0.53
0.00
1.87
3.23
-0.93
1.94
8.85
4.71
9.49
8.97
9.54
116.24
117.71
117.14
122.87
3.50
0.07
6.74
9.28
2.57
9.49
7.29
8.53
122.74
5.54
2.04
0.91
0.00
11.61
122.68
CONSUMER PRICE INDEX
6.17
12.91
6.84
0.00
12.10
3.98
8.13
3.36
5.77
2.28
4.20
5.03
4.89
2.88
8.94
5.58
6.16
7.83
6.67
6.99
6.58
3.72
2.00
124.81
6.03
4.08
0.89
0.00
9.74
1.04
5.20
3.64
6.28
0.94
10.00
12.36
10.87
133.74
4.78
2.31
0.20
0.00
9.79
0.55
4.48
4.20
5.43
0.33
7.98
12.68
8.52
9.30
4.24
7.90
0.00
3.49
1.07
18.58
4.71
4.91
6.27
13.00
11.85
12.58
133.83
134.09
8.85
5.17
9.19
0.00
13.22
1.38
16.89
11.27
5.70
3.18
13.19
10.12
12.49
2006
PERIOD
2007
2008
7.21
-0.75
5.39
0.00
3.26
-0.63
11.31
7.90
4.41
7.49
8.13
12.63
8.53
133.81
137.70
9.04
4.46
8.33
0.00
3.40
0.05
13.61
4.58
4.93
7.19
13.79
9.03
11.98
2009
2.96
1.10
0.63
0.00
1.71
-1.15
3.01
3.86
-1.17
1.47
0.42
6.99
6.65
1st Qtr. 2nd Qtr 3td Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr
2006
YEAR ON YEAR INFLATION RATE (%)
Graph 1:Quartely consumer price index:
TOTAL

2.72
7.06
4.90
5.76
TRANSPORT
3.50
2.74
2.94
9.68
9.23
HEALTH
4.82
5.61
CLOTHING AND FOOTWEAR 10.49

HOUSING, WATER,
ELECTRICITY, GAS &
25.68
OTHER FUELS
5.68
10.20
12.13
2.23
5.34

29.44
5.79
Wt.
1st Qtr.
2ndQtr 3rd Qtr 4th Qtr
TOBACCO & NARCOTICS
3rd Qtr. 2003=100
ITEM
2005
(3rd Qtr 2003=100)
1
s
tQ
tr .
2
n
d
Q
tr
3r
d
Q
tr
4t
h
Q
tr
1s
t
Qt
r.
2
n
d
Q
tr
3
r
d
Q
tr
4
t
h
Q
tr
1
s
tQ
tr .
2n
d
Q
tr
3r
d
Q
tr
4t
h
Q
tr
1s
t
Qt
r.
2
n
d
Q
tr
3
r
d
Q
tr
4
t
h
Q
tr
1s
t
Qt
r.
tr
Q
11
nd
10
7
5.73
4.69
-0.61
-0.74
6.43
-0.44
21.01
13.34
7.93
3.27
1.03
5.16
3.41
1.35
4.12
MEAT
FISH
MILK, CHEESE AND EGGS
OILS AND FATS
FRUITS
VEGETABLES
6.77
8.69
47.17
1.21
5.33
9.08
9.79
NON - ALCOHOLIC BEVERAGES 1.74

1.22
0.33
0.69
7.87
ALCOHOLIC BEVERAGES
TOBACCO
NARCOTICS(ND)
CLOTHING
ACTUAL RENTALS FOR HOUSING
18.77
ELECTRICITY, GAS AND OTHER 6.04
FUELS
5.46
100
TOTAL
5.49
10.05
4.93
12.43
0.00
6.77
9.15
9.55
3.97
1.96
53.98
4.36
4.61
9.18
11.51
14.16
0.90
0.30
3.90
2.62
1.37
2.81
4.53
3.13
8.84
0.00
7.08
3.57
2.72
6.16
1.64
14.54
0.81
3.56
5.70
4.77
2.67
-6.85
2.59
2.43
0.66
5.42
0.91
1.91
6.17
12.91
0.00
8.11
4.06
5.12
8.06
10.11
14.36
4.14
2.43
8.17
9.52
15.77
8.11
4.55
7.69
4.89
7.10
2.15
6.94
5.39
12.66
0.00
6.97
4.29
5.43
7.43
10.03
15.03
6.06
2.83
8.26
11.27
8.16
7.57
2.45
8.54
4.75
3.29
3.96
5.75
5.30
5.56
0.00
6.37
4.18
5.97
5.60
8.03
2.21
6.85
2.97
6.28
11.16
4.13
7.79
1.83
10.86
2.87
3.04
4.01
5.30
4.34
2.14
0.00
4.92
1.35
3.52
8.42
7.59
0.92
5.50
3.02
5.94
8.11
6.41
15.49
1.18
11.26
1.46
2.00
3.17
5.62
5.94
1.20
0.00
-2.12
5.83
4.63
6.23
3.75
6.20
13.10
2.60
2.93
0.44
8.58
29.75
3.67
12.43
3.15
18.79
6.51
9.95
5.54
2.04
0.00
0.26
5.92
1.56
3.92
6.01
5.29
8.83
2.73
1.30
-1.46
9.35
22.71
2.85
12.35
3.92
16.51
5.52
8.88
4.78
2.31
0.00
3.36
4.86
-1.10
4.60
24.66
3.13
9.85
2.35
0.06
-3.54
10.10
22.83
3.55
10.44
5.20
16.19
6.43
8.90
6.03
4.08
0.00
3.90
6.16
-0.68
8.11
26.25
3.73
8.04
3.53
2.51
3.74
7.56
-1.39
7.93
14.76
8.48
17.39
14.92
11.31
4.04
3.01
EDUCATION
1.62
0.00
-4.12
100.00
-0.14
2.62
-9.13
TOTAL
4.10
COMMUNICATION
2.84
0.19
7.06
TRANSPORT
-0.67

2.72
2.94
0.96
0.26
2.09
0.00
5.02
-2.42
3.35
0.35
0.70
-0.87
5.68
0.92
0.28
3.06
-0.03
25.68
10.49
HEALTH
HOUSING,WATER,ELECTRIC
ITY,GAS &OTHER FUELS
CLOTHING AND FOOTWEAR
0.04
-0.35
2.23
1.33
0.86
6.46
3.64
0.00
0.00
0.00
1.46
0.00
0.06
0.20
2.01
3.42
0.43
2007
2009
2008
8.85
5.17
0.00
26.70
4.51
2.36
14.92
30.66
2.12
2.48
3.39
11.20
3.77
5.44
11.34
12.55
14.92
15.68
8.19
19.90
13.01
9.30
4.24
0.00
23.76
11.55
4.31
15.10
28.75
3.50
5.92
3.57
13.21
3.84
1.12
19.44
14.18
16.05
14.94
7.85
19.61
13.10
9.04
4.46
0.00
19.94
9.97
6.26
13.99
12.33
9.39
6.79
3.47
15.72
6.44
0.71
17.74
11.90
16.01
13.96
8.54
17.81
12.46
8.71
2009
7.21
-0.75
0.00
16.91
8.65
6.90
4.36
21.80
17.04
4.90
5.42
12.60
-6.96
-0.77
10.80
7.00
11.06
12.31
8.59
12.70
2.96
1.10
0.00
-1.37
5.37
0.23
-1.22
12.71
12.52
1.02
5.32
5.02
-3.68
-1.58
2.25
0.23
8.47
8.04
24.60
7.04
6.72
1.41
1.77
0.72
0.00
0.88
2.53
0.95
2.35
2.40
2.42
0.45
0.60
0.85
2.81
3.94
0.25
0.00
5.82
3.92
2.14
0.63
2.51
1.93
3.45
3.60
3.93
0.22
0.04
0.59
0.00
0.28
-0.70
0.16
0.77
-0.24
0.74
0.00
2.45
4.10
-0.02
2.96
3.13
-0.79
0.54
0.58
1.18
0.80
0.03
0.41
0.14
1.07
0.29
0.49
-1.53
-0.53
0.00
0.07
0.03
-0.19
0.18
-0.03
-0.06
2.35
-0.42
1.16
4.38
2.98
-0.26
0.00
-0.91
-0.18
-0.88
-0.15
0.87
0.97
0.00
9.86
-0.44
1.18
5.27
-0.40
6.42
-1.69
-1.64
0.13
-0.48
-0.64
3.74
5.59
7.41
7.94
0.05
0.02
0.03
0.00
0.78
1.14
4.39
0.50
-0.51
-1.62
-0.22
5.87
0.02
1.69
0.17
0.16
0.00
0.02
0.52
0.50
-0.36
0.78
0.55
4.27
-0.70
3.35
7.15
4.06
7.94
0.00
2.24
0.16
10.13
5.54
5.83
6.04
8.65
5.27
9.52
0.26
-0.02
-0.23
0.00
0.42
-0.74
2.64
-0.93
-1.14
1.31
-0.04
1.07
-0.56
-0.19
0.24
0.42
0.00
0.70
0.11
0.01
0.37
-0.49
-0.76
0.48
3.20
-0.51
-0.01
-4.83
-2.56
0.00
-0.12
-0.16
-1.54
2.81
0.29
0.82
-0.91
2.58
0.17
2.91
6.00
3.07
0.00
0.70
-0.36
1.92
1.60
0.18
0.10
0.90
-0.01
7.63
1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr
2006
QUARTER TO QUARTER INFLATION RATE

2ndQtr 3rd Qtr 4th Qtr

29.44
-0.62
Wt.
2005
TOBACCO & NARCOTICS
3rd Qtr. 2003=100
ITEM
3.41
2.72
PERSONAL CARE
0.00
7.70
10.27
9.54
4.45
1.86
49.86
4.40
6.50
11.11
11.58
12.50
6.11
0.47
6.10
1.82
1.72
3.54
5.27
2008
2nd Qtr 3rd Qtr 4th Qtr 1st Qtr. 2nd Qtr
(3rd Qtr 2003=100)
0.00
4.04
EDUCATION
6.70
3.27
FOOD PRODUCTS n.e.c (ND) 0.87
3.20
FUELS AND LUBRICANTS
13.57
0.56
SUGAR, JAM AND ETC.
FOOD
2007
2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
2006
YEAR ON YEAR INFLATION RATE:

2ndQtr 3rd Qtr 4th Qtr 1st Qtr
27.69
Wt.
BREAD AND CEREALS (ND)
ITEM
2005
TABLE 7. CONSUMER PRICE INDEXES - SUB - COMPONENTS, BHUTAN (2nd Qtr. 2005 TO 2nd Qtr.2009)
(3rd Qtr 2003=100)
8
9
113.09 113.44
115.92 119.31
121.75
113.28
112.76
1.35
4.12
FRUITS
VEGETABLES
SUGAR, JAM AND ETC.0.56
FOOD PRODUCTS n.e.c0.87
(ND) 114.81
120.00 120.18
151.79
102.78
108.94
119.63
0.33
0.69
7.87
TOBACCO
NARCOTICS(ND)
CLOTHING
18.77
109.62
109.24
2.72
100.00
PERSONAL CARE
112.81 115.98 116.24 117.14 117.71 122.87
119.08 123.77 123.82 123.52 121.63 125.25
100.00 100.00 100.00 100.00 100.00 100.00
110.69 116.27 116.51 116.25 116.14 113.81
115.07 115.97 116.23 116.54 116.62 122.73
122.88 125.75 126.51 127.35 127.20 131.57
112.75 117.72 117.83 118.66 122.24 125.05
106.13 113.17 113.23 114.30 114.19 117.41
172.34 173.58 174.61 175.17 173.93 184.34
108.32 111.72 113.79 114.83 114.28 126.36
108.46 109.39 109.96 110.73 111.74 112.23
120.97 124.19 125.50 126.80 128.16 127.83
113.81 123.49 125.84 126.10 123.04 124.03
115.42 131.14 131.16 126.17 122.82 142.39
128.05 131.63 117.39 117.84 147.88 170.79
105.43 105.78 106.07 106.30 106.67 109.66
108.07 115.28 116.31 119.02 120.24 129.61
105.94 106.33 107.07 107.69 107.49 109.68
107.00 107.54 108.14 108.54 109.14 127.75
107.26 108.17 110.21 110.42 110.66 115.21
109.90 114.43 114.74 114.73 116.08 125.82
122.68 122.74
126.34 126.37
100.00 100.00
116.81 120.16
123.11 122.20
128.48 125.95
122.45 124.12
120.03 142.49
183.85 180.65
123.84 126.14
112.96 113.33
127.13 126.87
124.00 121.63
143.42 138.91
144.05 144.74
109.09 110.07
130.68 131.44
111.27 113.29
125.99 126.11
116.29 117.52
124.93 124.94
124.81
126.59
100.00
120.67
123.80
126.33
132.15
144.16
180.42
123.47
115.68
131.38
127.64
132.11
145.82
115.13
137.99
116.61
128.12
127.17
129.21
4.27
0.83
-1.07
-3.69
1.46
-1.55
-11.43
3.27
1.03
1.35
FISH
5.16
3.41
MEAT
OILS AND FATS

FRUITS
VEGETABLES
0.00
0.19
-0.14
4.04
2.72
100.00
EDUCATION
PERSONAL CARE
0.31

FUELS
4.04
0.00

3.20
2.57
7.87
CLOTHING
18.77
0.88
-1.57
0.33
0.69
1.22narcotics)
-0.16
ALCOHOLIC BEVERAGES (including
TOBACCO
0.01
1.98
NARCOTICS(ND)
0.12
0.31
FOOD PRODUCTS n.e.c0.87

(ND)
7.04
0.96
0.26
0.00
1.27
0.01
0.31
0.68
0.13
0.00
0.97
0.29
0.76
3.80
-10.37
2.32
0.10
0.11
-0.38
1.40
-0.78
27.69
0.86
6.46
0.00
0.34
0.37
0.15
2.45
2.81
12.91
0.17
0.57
2.92
0.31
-0.07
0.17
0.83
0.19
2.43
0.61
0.14
0.42
1.41
1.77
0.00
1.28
2.87
2.25
0.34
0.31
0.55
0.79
0.86
1.39
0.33
-4.75
17.13
1.00
0.66
1.19
1.58
1.04
0.86
2007
0.27
0.89
0.70
0.56
1.89
0.27
2.81
3.94
0.00
5.04
0.78
2.34
4.41
6.63
0.72
3.14
0.86
2.66
8.51
13.62
0.22
0.04
0.00
0.21
0.22
0.60
0.09
0.05
0.59
1.85
0.52
1.05
1.90
0.02
2.80 -10.82
0.33
6.67
0.37
0.50
0.85
4.12
0.77
-0.24
0.00
-0.22
0.27
0.66
0.70
0.94
0.32
0.91
0.70
1.04
0.21
-3.80
0.38
0.22
2.33
0.58
0.37
0.19
-0.01
0.49
-1.53
0.00
-0.09
0.07
-0.12
3.02
-0.10
-0.71
-0.48
0.91
1.07
-2.43
-2.66
25.49
0.35
1.03
-0.19
0.55
0.22
1.18
4.38
2.98
0.00
-2.01
5.24
3.44
2.30
2.82
5.99
10.57
0.44
-0.26
0.80
15.93
15.49
2.80
7.79
2.04
17.05
4.11
8.39
-0.15
0.87
0.00
2.64
0.31
-2.35
-2.08
2.23
-0.27
-1.99
0.65
-0.55
-0.02
0.72
-15.66
-0.52
0.83
1.45
-1.38
0.94
-0.71
0.05
0.02
0.00
2.87
-0.74
-1.97
1.36
18.71
-1.74
1.86
0.33
-0.20
-1.91
-3.14
0.48
0.90
0.58
1.82
0.10
1.06
0.01
1.69
0.17
0.00
0.42
1.31
0.30
6.47
1.17
-0.13
-2.12
2.07
3.55
4.94
-4.90
0.75
4.60
4.98
2.93
1.59
8.21
3.42
2006
QUARTER TO QUARTER INFLATION RATE:

BREAD AND CEREALS 7.93

(ND)
Wt.
2005
4.12
TOTAL
2007
2006
(3rd Qtr 2003=100)

2008
2009
134.09
131.70
100.00
144.56
137.33
134.02
140.94
154.54
190.29
131.17
116.99
143.93
128.76
145.03
172.05
124.56
151.66
127.89
135.88
139.10
141.29
133.83
132.01
100.00
144.12
134.38
133.84
141.48
160.06
197.61
134.71
117.26
146.82
129.46
139.89
170.41
123.17
152.49
129.10
136.88
138.45
140.51
137.70
133.18
100.00
142.22
135.16
134.99
141.95
172.91
211.82
130.82
122.20
149.29
123.97
147.76
194.44
123.71
161.56
137.08
172.21
147.87
151.74
2009
133.81
125.64
100.00
141.08
134.51
135.05
137.91
175.58
211.16
129.52
121.95
147.93
118.75
131.09
161.57
123.19
153.25
130.96
139.12
143.32
140.46
7.15
4.06
0.00
19.50
3.61
6.61
8.75
6.42
4.34
4.88
0.30
8.20
0.83
13.64
30.41
7.20
7.94
8.81
7.88
8.63
10.05
0.26
-0.02
0.00
0.25
7.06
-0.49
-1.93
0.74
1.08
1.29
0.83
1.25
0.05
-3.40
-9.52
0.92
1.82
0.80
-1.69
0.69
-0.63
-0.19
0.24
0.00
-0.30
-2.15
-0.13
0.38
3.57
3.85
2.70
0.23
2.01
0.54
-3.54
-0.95
-1.12
0.55
0.95
0.74
-0.47
-0.55
-0.01
-4.83
0.00
-2.11
0.10
0.90
-2.52
9.70
6.86
-3.85
4.00
0.76
-8.27
-6.29
-5.19
0.02
0.50
1.44
1.64
3.52
-0.04
2.91
6.00
0.00
0.81
0.48
-0.04
2.93
-1.52
0.31
1.00
0.21
0.92
4.40
12.72
20.34
0.42
5.42
4.67
23.79
3.17
8.03
2008
133.74
131.73
100.00
144.20
128.27
134.68
143.71
153.41
188.25
129.50
116.03
142.15
128.70
150.13
190.16
123.42
148.95
126.88
138.21
138.14
142.19
(3rd Qtr 2003=100)
110.29 111.24
109.91 117.01
SUGAR, JAM AND ETC.0.56
FOOD
ITEM
100.00
4.04
EDUCATION
TOTAL
108.92 109.29
107.55
3.20
100.00 100.00
111.45 111.86

FUELS 111.44
109.68 112.37
102.91 105.80
151.79 171.39
107.29 107.47
107.28
1.22
ALCOHOLIC BEVERAGES
106.93 107.54
106.80
121.26 121.17
109.13 109.32
103.53 104.39
107.16 107.36
101.18
102.21 104.69
107.05
101.37
1.03
FISH
104.70 105.34
3.41
100.41
3.27
MEAT
106.01 106.16
OILS AND FATS
105.89
BREAD AND CEREALS 7.93

(ND)
108.50 108.96
5.16
107.00

27.69
Wt.
FOOD
ITEM
2005

Bhutan - Statistics - 2009 2ndquarter

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Bhutan - Statistics - 2009 2ndquarter

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QUARTERLY CONSUMER PRICE INDEX

NATIONAL STATISTICS BUREAU

Catalogue No. 101

2nd Qtr 2009

Form CPI 1 = Agricultural products.

Food and Non-Alcoholic Beverages.

3 Consumer Price Index; Food and non food components

4 Index of Major components

5 Year on year inflation Major components

6 Quarter to quarter inflation of Major components

7 Index of Sub major components

8 Quarter to quarter inflation of Sub major components

9 Year on year inflation of Sub major components

10 Graph 1: Change in Index points

11 Graph 2: Year on Year inflation rate

12 Graph 3: Quarter to quarter growth rate

CPI price collection is conducted by personal visit by our Statistical

2. The quarterly Food price index of Thimphu.

Year on Year Inflation.

1. The main CPI for Bhutan.

Quarter to Quarter Inflation.

This series was based on price collection undertaken in 17 towns

0.96 0.86 1.41

Quarter to quarter inflation

Graph 3: Quarter to Quarter inflation rate

PURCHASING POWER OF NGULTRUM (PPN)

PERCENTAGE CHANGE QUARTER TO QUARTER

PERCENTAGE CHANGE YEAR ON YEAR

109.24 110.29 111.24 112.81

31.67 107.37 108.69 109.4

(3rd Qtr 2003=100)

YEAR ON YEAR INFLATION

112.81 115.98 116.24 117.14 117.71 122.87 122.68 122.74

119.08 123.77 123.82 123.52 121.63 125.25 126.34 126.37

116.00 116.29 116.98 117.84 117.22 116.91 118.04 118.07

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

105.57 111.71 112.02 114.76 114.84 113.80 125.02 126.00

118.43 120.97 121.16 121.14 120.91 119.84 121.25 126.57

115.14 122.53 122.04 121.42

108.90 109.59 110.18 113.44 113.64 111.72 117.61 118.20

124.24 128.89 126.78 124.73

121.25 128.03 128.20 127.92

122.94 132.05 131.41 139.12

123.09 123.60 124.32

116.93 117.09 118.47

121.18 122.48 123.46

RESTAURANTS AND HOTELS

RECREATION AND CULTURE

MISCELLANEOUS GOODS & SERVICES

106.43 107.18 107.24

109.29 110.30 112.52

112.38 112.43 116.27

117.35 117.68 117.91

109.81 114.13 114.46 114.49 115.82 125.02 124.22 124.25

CLOTHING AND FOOTWEAR

2ndQtr 3rd Qtr

FOOD AND NON - ALCOHOLIC BEVERAGES

Graph 2: Year on Year inflation rate

(3rd Qtr 2003=100)

CONSUMER PRICE INDEX

YEAR ON YEAR INFLATION RATE (%)

Graph 1:Quartely consumer price index: