Market inflation increase by 8.56 pc in Nepal

Kathmandu: The market inflation in Nepal has stood at 8.56 percent in the eleventh month of FY 2021/22 compared to 4.19 percent a year ago.
According to the Nepal Rastra Bank (NRB), food and beverage inflation stood at 7.43 percent whereas non-food and service inflation stood at 9.44 percent in the review month.
The average monthly y-o-y inflation for 11 months was 6.09 percent. Under the food and beverage category, the prices of ghee & oil, milk products & eggs, tobacco products, alcoholic drinks and pulses & legumes sub-categories rose by 22.60 percent, 11.22 percent, 9.70 percent, 9.68 and 9.13 percent respectively on y-o-y basis.

Likewise, under the non-food and services category, the prices of transportation, education, furnishing & household equipment, recreation & culture and housing & utilities sub-categories rose by 25.79 percent, 11.64 percent, 8.30 percent, 8.21 percent and 7.84
percent respectively.
In the review month, the Kathmandu Valley, Terai, Hill and Mountain witnessed 8.32 percent, 8.29 percent, 9.28 percent and 8.92 percent inflation respectively.
Inflation in these regions was 3.87 percent, 4.47 percent, 4.32 percent and 1.72 percent respectively a year ago.