High food prices have remained of significant concern for over 18 months. The recent year-on-year food price inflation figure provided by the Nepal Rastra Bank in October was 16.3 percent.
Harvesting of the summer crop has generally improved market supply and will likely ease food prices in coming months. However, poor regional and domestic production, combined with increasing global demand, will likely push the price of grains up significantly by the beginning of 2010.
The rising price of pulses and basic vegetables remains of serious concern, over the past 6 months asurvey by WFP of almost 500 households revealed that 60 percent had switched to eating cheaper and often less nutritious foods.
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