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Fri, November 15, 2024

Consumer price inflation remains at 8.19 pc in mid-Sep: NRB

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KATHMANDU: The y-o-y consumer price inflation stood at 8.19% in mid-September 2023 compared to 8.64% a year ago, according to the macroeconomic and financial situation report released by Nepal Rastra Bank (NRB) on Tuesday.

Food and beverage inflation stood at 9.74% while non-food and service inflation stood at 6.99% in the review month. 

Under the food and beverage category, on y-o-y basis, the price index of the spices subcategory increased 45.46%, sugar and sugar products 17.86%, vegetable 14.51%, cereal grains and their products 13.38%, milk products and eggs 12.60% and restaurant and hotel 10.97%. 
In the two months of the current fiscal year, the y-o-y price index of ghee and oil sub-category decreased 13.08%.

Under the non-food and services category, the y-o-y price index of recreation & culture sub-category increased 15.55%, miscellaneous goods & services 12.21%, education 9.10%, housing & utilities 8.11% and furnishing & household equipment 6.59%. In the review month, the y-o-y price index of transportation sub-category decreased 0.18%. 

The y-o-y consumer price inflation in the Kathmandu Valley, Tarai, Hill and Mountain region recorded 9.83%, 7.03%, 8.09% and 11.32% respectively. Inflation in these regions were 7.62%, 9.33%, 8.82% and 6.68% respectively a year ago.

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October 2024

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