KATHMANDU, March 10: In the Nepali month of Magh (mid-January to mid-February), consumer price inflation decreased to 5.01 percent, according to the financial situation report from Shrawan to Magh of the current fiscal year published by Nepal Rastra Bank (NRB).
This represents a decrease of 2.87 percent compared to the same period last year when consumer price inflation was recorded at 7.88 percent.
The report details that the price increase for the beverage group stood at 6.51 percent, while the non-food and service group saw a price increase of 3.85 percent. Within the food and beverage group, the annual spot price index showed significant increases for spices (32.11 percent), pulses (11.15 percent), dairy products and eggs (10.78 percent), food products (9.06 percent), and vegetables (7.58 percent). In contrast, the annual spot price index for the ghee and oil sub-group decreased by 12.33 percent.
For the non-food and service group, notable annual point price index increases were observed in the entertainment and culture sub-group (12.61 percent), miscellaneous goods and services (9.15 percent), and education (7.31 percent). However, the transportation sub-group experienced a significant decrease of 41 percent in its annual point price index during the review month.