Nepal Rastra Bank has reported that annual point-to-point inflation, based on the Consumer Price Index, declined to 2.72% in the first 11 months of the fiscal year 2081/82 — a significant drop from 4.17% recorded in the same period last year.
According to the latest data released by Nepal Rastra Bank, the annual point-to-point inflation rate based on the Consumer Price Index (CPI) has been limited to 2.72 percent during the first eleven months of the current fiscal year 2081/82. This marks a notable decline compared to the 4.17 percent inflation recorded during the same period last fiscal year.
In particular, inflation in the food and beverage group was contained at just 0.54 percent. However, within the food category, the prices of certain items still rose significantly.
The price of ghee and oil increased by 10.06 percent, non-alcoholic beverages by 5.13 percent, fruits by 3.51 percent, and lentils and pulses by 2.85 percent. On the other hand, the prices of vegetables decreased by 7.04 percent, spices by 3.06 percent, and fish and meat by 2.91 percent, as shown in the central bank’s latest figures.
Compared to food items, the non-food and services group experienced relatively higher inflation at 3.94 percent. Within this group, the highest price increases were observed in miscellaneous goods and services (9.43 percent), clothing and footwear (6.82 percent), education (5.88 percent), furniture and household equipment (5.06 percent), and tobacco products (4.68 percent).
Geographically, inflation was recorded at 2.90 percent in rural areas and 2.66 percent in urban areas. In the Kathmandu Valley, inflation stood at 2.73 percent, while the Terai region recorded 2.58 percent, the Hill region 2.48 percent, and the Himalayan region saw the highest inflation at 4.18 percent.
At the provincial level, Koshi and Himalayan regions both experienced inflation of 4.18 percent. Sudurpaschim followed with 3.86 percent, Karnali 2.54 percent, Madhesh 2.52 percent, Lumbini 2.39 percent, Bagmati 2.29 percent, and Gandaki Province recorded the lowest at just 1.75 percent.
The consumer inflation rate in the month of Jestha of the current fiscal year marked the lowest level of the year. According to Nepal Rastra Bank, while inflation stood at 2.72 percent in Jestha, the average inflation rate over the previous ten months was 4.24 percent.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
