INFLATION IS AT ITS LOWEST IN THE KINGDOM OF HAPPINESS

The aftermath of the decrease in inflation in India was seen in Bhutan where inflation fell down to its lowest since last year. The inflation in Bhutan is closely linked with the economy of India as this country imports more than 70 percent of its commodities from India. So, if the prices go down in India they go down in Bhutan as well. In the month of April this year, inflation rate reached 5.6 percent showing a drop of 0.6 percent from last month. Food prices showed a drop of 0.9 percent and reached 3.8 percent, whereas non-food prices reached 6.9 percent showing a drop of 0.3 percent. This decrease in the prices of commodities has come despite the increase in fuel prices.