KATHMANDU: The consumer price inflation moderated to 5.38% in mid-November 2023 compared to 8.08% a year ago, according to the macroeconomic and financial situation report released by Nepal Rastra Bank (NRB) today.
Food and beverage category inflation stood at 6.01% while non-food and service category inflation stood at 4.89% in the review month.
Under the Food and Beverage Category, y-o-y consumer price index of spices subcategory increased 36.46%, sugar and sugar products 14.59%, fruit 14.01%, cereal grains & their products 12.02% and milk products & eggs 11.00%.
The y-o-y consumer price index of ghee and oil, and vegetable sub-category decreased 14.23% and 5.35% respectively in the first four months of current fiscal year 2023/24.
Under the Non-Food and Services Category, y-o-y consumer price index of recreation & culture sub-category increased 12.84%, miscellaneous goods & services 10.76%, education 8.92%, furnishing & household equipment 5.27% and clothes and footwear 4.96%.
The y-o-y consumer price index of the transportation sub-category decreased 1.86% in the review month.
The y-o-y consumer price inflation in the Kathmandu Valley, Tarai, Hill and Mountain regions stood at 6.00%, 4.42%, 6.07% and 8.79% respectively. Inflation in these regions was 7.56%, 8.52%, 8.03% and 6.68% respectively a year ago.
