Inflation rises to 6.34 percent in Bhadra

Consumer inflation accelerated to 6.34 percent in the month of Bhadra of the current fiscal year, according to figures released for the period. During the same month in the previous fiscal year, consumer price growth remained limited at 1.87 percent. Significant price increases affected the food and beverage category during the month. The annual point-to-point consumer price index for ghee and oil rose by 16.68 percent, while fruit prices climbed by 15.99 percent and sugar and sugar-related products increased by 12.14 percent. Additional increases within the food sector included fish and meat at 7.34 percent, vegetables at 7.07 percent, and spices at 6.71 percent. Across different geographical locations during Bhadra of the current fiscal year, the Kathmandu Valley recorded an annual point-to-point consumer inflation rate of 5.28 percent, the Terai stood at 6.89 percent, the hills registered 6.41 percent, and the mountain region reached 5.69 percent.