Consumer price inflation reach 7.74 pc in last 12 months
Kathmandu: The annual average consumer price inflation of the country stood at 7.74 percent in FY 2022/23 compared to 6.32 percent a year ago.
Under the food and beverage category, the annual average consumer price index of restaurant & hotel sub-category increased 14.42 percent, spices 12.50 percent, cereal grains & their products 10.70 percent, tobacco products 9.88 percent and milk products & eggs 9.23 percent.
Likewise, under the non-food and services category, the annual average consumer price index of transportation sub-category increased 13.50 percent, recreation & culture 10.18 percent, health 10.01 percent, education 8.79 percent and housing & utilities 8.65 percent.
The y-o-y consumer price inflation stood at 7.44 percent in mid-July 2023 compared to 8.08 percent a year ago.