Nepal’s consumer price inflation reached 6.34 percent in Bhadra of the current fiscal year, according to Nepal Rastra Bank’s Economic and Financial Situation report, published on Thursday. The rate was 1.87 percent in Bhadra of the previous fiscal year, a year-on-year increase of 4.47 percentage points.
Inflation higher than a year earlier
The figures show a marked rise in consumer price inflation between the two periods. In the same month a year earlier, the reported rate was below 2 percent; this year, it exceeded 6 percent. The comparison is between Bhadra in the current fiscal year and Bhadra in the previous fiscal year, rather than between consecutive months.
The central bank’s report gives the headline inflation figure for the month. The information released in the report, as summarized in the available coverage, does not identify the factors behind the increase or provide a breakdown by spending category. The reported numbers therefore establish the scale of the year-on-year change, but do not explain what contributed to it.
Key figures
- Bhadra, current fiscal year: 6.34 percent consumer price inflation
- Bhadra, previous fiscal year: 1.87 percent
- Year-on-year difference: 4.47 percentage points
Central bank report records the change
Nepal Rastra Bank published the figure in its Economic and Financial Situation report on Thursday. The report’s Bhadra reading places the inflation rate substantially above the level recorded for the same month in the previous fiscal year. The comparison provides a snapshot of how the headline rate differed across the two fiscal-year periods.
The 4.47 percentage-point difference is calculated by subtracting the previous year’s 1.87 percent rate from the current year’s 6.34 percent figure. It describes the change in the reported inflation rate, not a separate measure of the change in prices for any individual product or service.
What the figures show
The two readings indicate that consumer price inflation was higher in Bhadra of the current fiscal year than in Bhadra of the previous one. The figures do not, by themselves, show how prices changed across different categories or how the rate moved in the months between the two Bhadra readings. No additional monthly trend or category-level figures were included in the information available for this report.
The central bank’s report is the basis for the latest figure. Further detail on the reported rate is available in Global Aawaj’s coverage.
