April 13: The year-on-year consumer price inflation in Nepal stood at 7.14 percent in the eighth month of the current fiscal year (FY 2021/22), according the latest report of Nepal Rastra Bank (NRB). According to the central bank, the y-o-y consumer price inflation was 3.03 percent a year ago.

The Current Macroeconomic and Financial Situation Report published by NRB on Wednesday states that food and beverage inflation stood at 7.51 percent whereas non-food and service inflation stood at 6.84 percent in the review month.

Under the food and beverage category, the prices of ghee and oil, vegetable, milk products and eggs, and pulses and legumes sub-categories rose by 26.34 percent, 13.96 percent, 11.30 and 10.30 percent respectively on y-o-y basis.

Likewise, under the non-food and services category, the prices of transportation, miscellaneous goods and services and education sub-categories rose by 16.27 percent, 9.01 percent and 8.79 percent respectively on y-o-y basis.