Inflation Reaches 5.96% in First Month of FY 2083/84, Highest in 21 Months
Summary
Consumer inflation in Nepal rose to 5.96 percent in the first month of FY 2083/84, the highest level in 21 months. Food and beverage prices climbed sharply, led by ghee, oil and fruits, while Madhesh Province recorded the highest regional inflation at 6.94 percent.
Key Points
- Consumer inflation reached 5.96 percent in Shrawan 2083/84, the highest in 21 months.
- Food and beverage inflation stood at 6.77 percent, while non-food and service inflation reached 5.52 percent.
- Ghee and oil prices rose 15.62 percent and fruit prices 15.39 percent, among the biggest increases in the food group.
- Madhesh Province recorded the highest inflation at 6.94 percent, while Sudurpashchim Province had the lowest at 4.61 percent.
