Nepal inflation hits 6.34% despite record foreign reserves and remittances
Nepal's annual consumer price inflation accelerated sharply to 6.34 percent on a year-on-year basis, driven primarily by rising costs in essential food commodities and non-food services. According to the latest macroeconomic report released Nepal Rastra Bank, the central bank, this rate represents a distinct jump in domestic consumer prices when compared to the moderation experienced during the same period in the previous year.The price rise stands out prominently against the low baseline re
