Kathmandu: The year-on-year (y-o-y) consumer price inflation moderated to 4.61 percent in mid-April 2024 compared to 7.76 percent a year ago, according to the latest report of Nepal Rastra Bank.

The Current Macroeconomic and Financial Situation Report published by the central bank on Sunday reveals that the food and beverage category inflation stood at 5.21 percent whereas non-food and service category inflation stood at 4.14 percent in the review month.

Under the food and beverage category, the y-o-y price index of spices sub-category increased 22.64 percent, vegetable 16.99 percent, pulses and legumes 10.94 percent, cereal grains and their products 7.59 percent and non-alcholic drinks 6.06 percent in the review month. The y-o-y price index of ghee and oil subcategory decreased 10.10 percent in the review month, the report added.

Under the non-food and services category, the y-o-y price index of miscellaneous goods and services sub-category increased 12.81 percent, recreation and culture 12.61 percent and education 7.31 percent in the review month. Meanwhile, the y-o-y price index of transportation sub-category decreased 0.33 percent in the review month, the NRB report states.

The y-o-y consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain regions stood at 4.06 percent, 4.58 percent, 5.33 percent and 4.32 percent respectively in the review month. Such inflation in these regions were 8.57 percent, 7.68 percent, 7.01 percent and 7.47 percent respectively a year ago.