Annual Average Consumer Inflation Stands at 3.08% in FY 2082/83
Summary
Nepal’s annual average consumer inflation fell to 3.08 percent in FY 2082/83 from 4.06 percent a year earlier, according to Nepal Rastra Bank. But point-to-point inflation in Asar 2083 rose to 5.14 percent, with food prices pushing higher even as some vegetables and pulses turned cheaper.
Key Points
- Annual average consumer inflation in Nepal was recorded at 3.08 percent in FY 2082/83, down from 4.06 percent in the previous year.
- Point-to-point consumer inflation in Asar 2083 rose to 5.14 percent, compared with 2.20 percent in the same month a year earlier.
- Food and beverage inflation averaged 1.04 percent for the year, while non-food and services inflation stood at 4.21 percent.
- Inflation was highest in the Terai at 3.28 percent and lowest in the Himalayas at 2.73 percent; wholesale inflation reached 4.27 percent.
