Inflation Bhutan 2022
Average inflation: 5.6%
Current Inflation
Inflation is very high at 5.6%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 6.6%. The lowest inflation was in December at 4.4%.
- Highest month
- July: 6.6%
- Lowest month
- December: 4.4%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.2%. The lowest price increase was in Food with an average of 4.2%.
- Highest increase
- Food: 4.2%
- Lowest increase
- Food: 4.2%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 4.8%.
- 5-year average
- 4.8%
- 10-year average
- 5.7%
- All-time high (2013)
- 11.8%
- All-time low (2019)
- 2.7%
Trend
Inflation has remained relatively stable. Compared to 2021, the difference is minimal (-1.8 percentage point).
- Change vs. previous year
- -1.8 percentage points
- Largest monthly swing
- February: -4.2 percentage points
ECB Target
Inflation is 3.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 6.0% | -3.0 |
| February | 5.3% | -4.2 |
| March | 5.6% | -3.5 |
| April | 5.8% | -3.0 |
| May | 5.9% | -2.8 |
| June | 6.5% | -0.9 |
| July | 6.6% | +1.4 |
| August | 6.0% | +0.7 |
| September | 6.0% | +1.0 |
| October | 4.9% | -1.6 |
| November | 4.6% | -2.7 |
| December | 4.4% | -2.5 |
| Average | 5.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.