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Market Watch 46
Retail prices of food commodities monitored in various markets across the country were slightly declined or remained stable in October 2012 due to ongoing harvests of summer crops and the end of monsoon season.
According to the latest macroeconomic situation report released by Nepal Rastra Bank, the year-on-year inflation increased by 11.2 percent in September 2012, while the price index of food and beverage increased by 10.4 percent as compared to 10.2 percent over the same period last year.
With the end of the monsoon season, supply of food commodities has increased in the hill and mountain districts due to improved access to roads and trails.
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