Kathmandu, October 15
Nepal’s annual consumer inflation rose to 6.34 per cent in the second month of the current fiscal year, up from 5.96 per cent in the previous month, according to Nepal Rastra Bank.
Consumer inflation stood at 1.87 per cent in the same month of the previous fiscal year.
According to data released by the central bank, prices in the food and beverage group increased by 7.54 per cent during the first two months of the current fiscal year, while inflation in the non-food and services group stood at 5.69 per cent.
During the same period last fiscal year, prices in the food and beverage group had declined by 1.34 per cent, while inflation in the non-food and services group was 3.70 per cent.
Within the food and beverage category, the annual consumer price index in the month of Bhadra rose by 16.68 per cent for ghee and edible oils, 15.99 per cent for fruits, 12.14 per cent for sugar and sugar products, 7.34 per cent for fish and meat, 7.07 per cent for vegetables, and 6.71 per cent for spices.
In the non-food and services category, the annual consumer price index increased by 12.77 per cent for transportation, 8.83 per cent for alcoholic beverages, 7.06 per cent for clothing and footwear, 6.01 per cent for furnishings and household equipment, and 5.45 per cent for tobacco products.
Annual consumer inflation in rural areas stood at 6.78 per cent, compared with 6.19 per cent in urban areas.
Among provinces, Madhesh recorded the highest annual consumer inflation at 7.48 per cent, while Sudurpashchim had the lowest at 5.16 per cent.
By geographical region, annual consumer inflation in Bhadra stood at 5.28 per cent in the Kathmandu Valley, 6.89 per cent in the Tarai, 6.41 per cent in the hills and 5.69 per cent in the mountains.
Meanwhile, annual wholesale inflation reached 8.08 per cent in Bhadra, up from 2.10 per cent in the same month of the previous fiscal year.
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