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$Unique_ID{COW00404}
$Pretitle{235A}
$Title{Bhutan
Prices}
$Subtitle{}
$Author{Central Statistical Office}
$Affiliation{Royal Government of Bhutan}
$Subject{price
consumer
june
bhutan
change
cpi
items
cent
food
index}
$Date{1990}
$Log{Table 15.1.*0040401.tab
Table 15.2.*0040402.tab
Table 15.3.*0040403.tab
Table 15.4.*0040404.tab
}
Country: Bhutan
Book: Statistical Yearbook of Bhutan 1989
Author: Central Statistical Office
Affiliation: Royal Government of Bhutan
Date: 1990
Prices
The only price statistics currently compiled in Bhutan relate to the
Consumer Price Indexes, often referred to as the CPI. The CPI has been
produced by the CSO twice a year since December 1979. In addition, a food
price index for Thimpu has been produced each quarter since September 1987.
The purpose of the CPI is to provide a general indicator of the rate of
price change for consumer goods and services. The CPI is important in
monitoring overall price development and assessing changes in the living
standards of the population.
The CPI is formed by measuring the change in the cost of purchasing a
'basket' of consumer goods and services, where items in the 'basket' are
weighted according to their relative importance in the total spending of
consumers. The 'basket' includes food items (e.g. rice, other cereals,
vegetables, oils and fats, and spices) together with non-food items such as
clothing, fuel, furniture and other personal items. Items such as cereals are
weighted more heavily than say furniture, because they represent a larger
proportion of consumer expenditure. A price change in cereals will therefore
have a greater effect on the CPI than a price change for furniture.
The CPI is presented as index numbers, where the indexes are measured
relative to the base of June 1979 = 100.0. Price change is estimated by
measuring change in the index numbers.
Main Features
In June 1989, the rate of inflation in Bhutan as measured by the change
in the Consumer Price Index over the previous twelve months was estimated to
be 9.1 per cent. This means that prices for consumer items in Bhutan as a
whole rose by an average of 9.1 per cent over this twelve month period. This
compares with a rate of 10.6 per cent recorded in the twelve months to June
1988.
Prices for food rose by an average of 8.7 per cent in the twelve
months to June 1989, while prices for non-food items rose by 9.7 per cent
over the same period.
[See Table 15.1.: CONSUMER PRICE INDEXES- FOOD AND NON-FOOD COMPONENTS,
BHUTAN, JUNE 1982 TO JUNE 1989]
[See Table 15.2.: CONSUMER PRICE INDEXES-MAJOR COMPONENTS, BHUTAN, JUNE 1982
TO JUNE 1989]
[See Table 15.3.: THIMPHU FOOD PRICE INDEX, SEPTEMBER QUARTER 1987 TO DECEMBER
QUARTER 1989]
[See Table 15.4.: Administrative Units]