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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]