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    • {"id":32973,"date":"2021-08-28T06:45:46","date_gmt":"2021-08-28T01:15:46","guid":{"rendered":"https:\/\/www.nepalisansar.com\/?p=32973"},"modified":"2021-08-27T16:02:10","modified_gmt":"2021-08-27T10:32:10","slug":"nepal-inflation-rate-improves-to-3-6-in-fy-2020-21","status":"publish","type":"post","link":"https:\/\/www.nepalisansar.com\/business\/nepal-inflation-rate-improves-to-3-6-in-fy-2020-21\/","title":{"rendered":"Nepal Inflation Rate Improves to 3.6% in FY 2020\/21"},"content":{"rendered":"

    According to the \u2018Current Macroeconomic and Financial Situation of Nepal,\u2019 the consumer inflation rate in fiscal year 2020\/21 stood at 3.6 percent.<\/p>\n

    The report was released by the Nepal Rastra Bank (NRB) on Thursday.<\/p>\n

    The inflation rate has dropped by 2.55 percent from the 6.15 percent in FY 2019\/20. This is probably the lowest annual average price rise in the last two decades.<\/p>\n

    The improvement in inflation rate last fiscal is mainly attributed to the uptick in prices of edible oils, \u00a0pulses, and legumes.<\/p>\n

    Y-o-Y rise of consumer prices of some products are:<\/h2>\n
    \n\n\n\n\n\n\n\n
    Product <\/strong><\/td>\nRise in annual consumer price <\/strong><\/td>\n<\/tr>\n
    Ghee and Oil<\/td>\n17.54%<\/td>\n<\/tr>\n
    Pulses and Legumes<\/td>\n10.65%<\/td>\n<\/tr>\n
    Tobacco Products<\/td>\n9.83%<\/td>\n<\/tr>\n
    Transportation sub-groups<\/td>\n6.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    As per NRB, the rise in edible oil prices is mainly due to the increase in price of raw materials in the international market.<\/p>\n

    \"Nepal<\/p>\n

    The Himalayan nation imports almost all the oilseeds to meet the demand of its domestic markets.<\/p>\n

    Likewise, the inflation rate of non-food and services stood at 2.51 percent in FY 2020\/21, down from 4.61 percent in FY 2019\/20.<\/p>\n

    Inflation rate in various regions are as follows:<\/h3>\n
    \n\n\n\n\n\n\n\n
    Regions<\/strong><\/td>\nFY 2020\/21<\/strong><\/td>\nFY 2019\/20<\/strong><\/td>\n<\/tr>\n
    Kathmandu Valley<\/td>\n3.33%<\/td>\n6.96%<\/td>\n<\/tr>\n
    Terai<\/td>\n3.68%<\/td>\n6.29%<\/td>\n<\/tr>\n
    Hill region<\/td>\n3.87%<\/td>\n5.10%<\/td>\n<\/tr>\n
    Mountain region<\/td>\n2.87%<\/td>\n4.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Stay Tuned to NepaliSansar for Latest Nepal Economy News<\/a>!<\/strong><\/p>\n

    \n

    More News:<\/strong><\/p>\n