Market Watch 15
Food price inflation remains of serious concern across Nepal. According to figures recently released by the Nepal Rastra Bank, the year-on year inflation for food and beverage was 16.5 percent for May.
A poor food availability situation in remote Hill and Mountain markets, caused largely by the recent winter drought, has resulted in significant price increases during June. This is particularly so in Mugu, where reduced local food stocks and insufficient external supply, has resulted in a five percent increase in the price of cooking oil, a 30 percent increase in the price of rice, and a 50 percent increase in the price of beans between May and June.
Due to a poor winter crop harvest, the price of potato continues to increase across much of the country, on average up by 10 percent compared to last month, and up by over 58 percent compared to last year.
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News & Events
- Brief on the Food Security Situation in Nepal (Mid-July to mid-November 2017)
- Launch of Food Security Information System for Nepal
- Second Advance Estimate of 2016/17 Wheat Production in Nepal using CRAFT
- Brief on the food security situation in Nepal (Mid November 2016 to Mid March 2017)
- Updated NeKSAP guidance on food security response analysis and district food security monitoring
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