September 24: The year-on-year consumer price inflation stood at 4.35 percent in the first month of 2021/22 compared to 3.49 percent a year ago.  According to Nepal Rastra Bank, food and beverage inflation stood at 3.86 percent whereas non-food and service inflation stood at 4.74 percent in the review month.

Releasing the Current Macroeconomic and Financial Situation Report on Thursday, the central bank said that the price of ghee and oil, non-alcoholic drinks, tobacco products and transportation subcategories rose 29.07 percent, 10.51 percent, 10.12 percent and 9.43 percent respectively on y-o-y basis.

In the review month, the Kathmandu valley, terai, hill and mountain regions witnessed 3.70 percent, 4.11 percent, 5.63 percent and 3.58 percent inflation respectively. Inflation in these regions was 3.31 percent, 4.02 percent, 2.72 percent and 4.07 percent respectively a year ago, the report states.

The y-o-y wholesale price inflation stood at 4.25 percent in the review month compared to 7.33 percent a year ago. 5. The y-o-y wholesale price of consumption goods, intermediate goods and capital goods increased 1.30 percent, 5.72 percent and 6.19 percent respectively. The wholesale price of construction materials increased 11.54 percent in the review month.