How Did We Perform As a Nation in First Month of Fiscal Year 2083/84? A Quick Macroeconomic Summary

Summary

Nepal’s inflation stood at 5.96 percent in the first month of FY 2026/27, while merchandise imports and exports both rose sharply. Foreign exchange reserves, remittance inflows, and government revenue also increased during the review period.

Key Points
  • Nepal Rastra Bank reported year-on-year inflation of 5.96 percent in mid-August 2026, with food inflation at 6.77 percent and non-food and services inflation at 5.52 percent.
  • Merchandise exports rose 61.7 percent and imports increased 31.0 percent, widening the trade deficit to Rs. 148.74 billion.
  • Remittance inflows grew 21.2 percent to Rs. 215.05 billion, while gross foreign exchange reserves increased to USD 25.84 billion.
  • Government revenue reached Rs. 92.23 billion against total expenditure of Rs. 41.89 billion, and the Balance of Payments remained in surplus.
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