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Market Watch 45

Most food prices monitored in various markets across the country continued to rise in September 2012.This upward trend of food prices is due to the lean period and the monsoon season.

The year-on-year inflation released by Nepal Rastra Bank in August 2012 increased by a three-year high of 11.9 percent, while the price index of food and beverage increased by 12.2 percent compared to an increase of 9.9 percent over the same period last year.

As the monsoon is close to the end, many roads linked to the hill and mountain markets from Terai have begun to operate smoothly. This will help to improve food supply in the food deficit areas.

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