|
KATHMANDU, July 16 (Xinhua) -- Nepal's inflation jumped to 11.1 percent in the 11th month of last fiscal year from the previous month's 10 percent as the prices of both food and non-food items surged, Nepal's central bank has said.
The last fiscal year 2015-16 concluded on July 15.
Nepal Rastra Bank (NRB), the central bank of the country, said prices of food items surged to double digit in mid-June ( end of the 11th month) while standing at single digit in the previous month. Prices of non-food items also witnessed double digit growth in the 11th month of the last fiscal year.
The higher rate of increase in price indices of vegetables, pulses and legumes, alcoholic drinks among food items and clothes and footwear from among non-food items exerted an upward pressure on overall inflation during the review period, the central bank said in its latest macro-economic report released on Friday. Enditem
