Inflation remains at 4.40 percent in Nepal

Kathmandu: The y-o-y consumer price inflation moderated to 4.40 percent in mid-May 2024 compared to 7.41 percent a year ago. Food and beverage category inflation stood at 6.27 percent whereas non-food and service category inflation stood at 2.96 percent in the review month.

Under the Food and Beverage Category, y-o-y price index of vegetable sub- category increased 23.11 percent, pulses & legumes 10.85 percent, spices 8.98 percent, cereal grains & their products 7.42 percent and sugar & sugar products 7.25 percent in the review month.

The y-o-y price index of ghee & oil sub-category decreased 7.13 percent in the review month. Under the Non-Food and Services Category, y-o-y price index of miscellaneous goods & services sub-category increased 12.26 percent, education 5.64 percent and clothes & footwear 3.46 percent.