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

Summary

Nepal Rastra Bank says inflation rose to 6.34 percent in mid-September 2026, while exports, imports, remittance inflows and foreign exchange reserves all increased during the first two months of FY 2026/27. The trade deficit widened, though the balance of payments remained in surplus and the rupee slightly appreciated against the US dollar.

Key Points
  • Consumer inflation stood at 6.34 percent year-on-year in mid-September 2026, up sharply from 1.87 percent a year earlier.
  • Merchandise exports rose 61.9 percent to Rs. 76.59 billion, while imports increased 31.6 percent to Rs. 401.52 billion, widening the trade deficit to Rs. 324.93 billion.
  • Remittance inflows increased 23.9 percent to Rs. 436.36 billion and foreign exchange reserves climbed to USD 26.48 billion.
  • The balance of payments remained in surplus at Rs. 187.68 billion, and the Nepali rupee appreciated slightly against the US dollar.
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