The year-on-year consumer price inflation moderated to 4.17 percent in mid-June compared to 6.83 percent in the same month last year.
The Current Macroeconomic and Financial Situation Report of Nepal unveiled by Nepal Rastra Bank (NRB) on Wednesday shows that food and beverage category inflation stood at 5.76 percent whereas non-food and service category inflation stood at 2.94 percent in the review month.
Under the food and beverage category, year-on-year price index of vegetable sub-category increased 16.02 percent, pulses and legumes 11.76 percent, cereal grains and their products 7.32 percent, sugar and sugar products 6.98 percent and non-alcoholic drinks 5.95 percent. Likewise, prices of ghee and oil sub-category decreased 5.51 percent in the review month.
Under the non-food and services category, prices of miscellaneous goods and services sub-category increased 12.47 percent, education 5.64 percent and clothes and footwear 3.46 percent. The price index of communication sub-category decreased 0.48 percent and transportation 0.18 percent.
During the review month, consumer price inflation in the Kathmandu Valley stood at 4.25 percent, down from 7.19 percent last year. Terai region witnessed price hike of 3.82 percent from 6.93 percent, hilly region 4.63 percent from 6.28 percent and mountain region had inflation of 4.77 percent compared to 6.39 percent a year ago.
