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Market Watch 16

The price of most staple food commodities increased slightly during July. The price of rice increased on average by 3 percent, black gram by 7 percent, lentils by 2 percent and the price of wheat increased by 1 percent.

In recent months the prices of vegetables and fruits have increased significantly across Nepal due to reduced supply. The average price of potato in Nepal is more than double last year’s price. Cabbage cost now almost 5 times as much as one year ago.

Monsoon rainfall has started to impact many districts and the damage caused to roads by heavy rain and landslides is hampering supply, particularly in some Hill and Mountain districts, including Karnali.

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