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Inflation falls 4.49 percentage points, falls 1.11% in one year 

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Kathmandu. Inflation fell by 4.49 percent in a year. According to the data released by Nepal Rastra Bank on Monday, consumer price inflation stood at 1.11 percent in the first four months of the current fiscal year. It was 5.6 per cent in the corresponding month of the previous year.

In the review month, food and beverages witnessed a negative rate of 3.32 per cent while non-food and service inflation stood at 3.69 per cent. In the same period of the previous year, inflation of these groups was 9.10 percent and 3.65 percent, respectively. In the fiscal year 2082÷83, the four-month average inflation was 1.53 percent. In the corresponding period of the previous year, the average inflation rate was 4.59 percent.

In the review month, the Consumer Price Index of Ghee and Oil sub-group under the food and beverage group increased by 5.25 percent, non-alcoholic beverages by 3.61 percent and milk and egg by 1.97 percent. In the review period, consumer price index of vegetables sub-group decreased by 14.43 percent, spices by 7.85 percent and pulses by 5.36 percent.

Likewise, the Consumer Price Index of Miscellaneous Goods and Services sub-group within the non-food and services group increased by 15.17 percent, education by 7.56 percent, clothing and footwear by 6.29 percent, tobacco products by 4.84 percent and furnishing and household appliances by 4.55 percent.

The Consumer Price Index for Insurance and Financial Services (BFIs) decreased by 0.23 percent in the review period. In the review month, the year-on-year Consumer Price Index of the rural areas increased by 0.66 percent and the urban areas by 1.26 percent.

Year-on-year consumer price rise in Koshi Province was 1.80 percent, Madhesh Province 1.73 percent, Bagmati Province 0.81 percent, Gandaki Province 0.37 percent, Lumbini Province 1.27 percent, Karnali Province 1.08 percent and Sudurpaschim Province 0.26 percent.

Year-on-year consumer price inflation stood at 1.16 percent in Kathmandu Valley, 1.24 percent in Terai, 0.88 percent in Hilly region and 1.06 percent in Mountainous region.

Prabhu
sikhar insurance

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