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<p>“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.</p>
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<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
<p>Last year’s inflation is the lowest in the last 12 years. Earlier, the consumer price inflation was 4.5 percent also in the FY 2004/5.</p>
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<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
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View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p>This was revealed by the financial review report of fiscal year 2016/17 made public by Nepal Rastra Bank on Monday, August 21.</p>
<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
<p>Last year’s inflation is the lowest in the last 12 years. Earlier, the consumer price inflation was 4.5 percent also in the FY 2004/5.</p>
<p>With the recent revelation, the government has claimed that its monetary policy has succeeded in keeping inflation under control.</p>
<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
<p>“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.</p>
<p>The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries. </p>
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<p>This was revealed by the financial review report of fiscal year 2016/17 made public by Nepal Rastra Bank on Monday, August 21.</p>
<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
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<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
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View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p>This was revealed by the financial review report of fiscal year 2016/17 made public by Nepal Rastra Bank on Monday, August 21.</p>
<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
<p>Last year’s inflation is the lowest in the last 12 years. Earlier, the consumer price inflation was 4.5 percent also in the FY 2004/5.</p>
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<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
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<p>The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries. </p>
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<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
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<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
<p>“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.</p>
<p>The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries. </p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
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August 22: Consumer price inflation has remained under control in fiscal year 2016/17. Consumer price inflation in the review period was much less than the projection made by the government. The average consumer price inflation which was 9.9 percent the previous year, dropped to 4.5 in last fiscal year. As a result, the overall inflation remained under control.
This was revealed by the financial review report of fiscal year 2016/17 made public by Nepal Rastra Bank on Monday, August 21.
The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.
Last year’s inflation is the lowest in the last 12 years. Earlier, the consumer price inflation was 4.5 percent also in the FY 2004/5.
With the recent revelation, the government has claimed that its monetary policy has succeeded in keeping inflation under control.
Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.
“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.
The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries.
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include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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<p>With the recent revelation, the government has claimed that its monetary policy has succeeded in keeping inflation under control.</p>
<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
<p>“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.</p>
<p>The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries. </p>
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'title' => 'Inflation at a 12-Year Low ',
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'summary' => 'Consumer price inflation has remained under control in fiscal year 2016/17.',
'content' => '<p>August 22: Consumer price inflation has remained under control in fiscal year 2016/17. Consumer price inflation in the review period was much less than the projection made by the government. The average consumer price inflation which was 9.9 percent the previous year, dropped to 4.5 in last fiscal year. As a result, the overall inflation remained under control.</p>
<p>This was revealed by the financial review report of fiscal year 2016/17 made public by Nepal Rastra Bank on Monday, August 21.</p>
<p>The government had a target to keep inflation below 7.5 percent in the last fiscal year. But the inflation was much less than expected, according to the central bank’s report.</p>
<p>Last year’s inflation is the lowest in the last 12 years. Earlier, the consumer price inflation was 4.5 percent also in the FY 2004/5.</p>
<p>With the recent revelation, the government has claimed that its monetary policy has succeeded in keeping inflation under control.</p>
<p>Economists have said that although the inflation has gone down as compared to the previous year, the purchasing power of consumers has not receded.</p>
<p>“In paper, inflation is much less than expected. It implies that the monetary policy has been successful,” said Dr Shankar Prasad Nepal, a professor at Bhairahawa Multiple Campus under Tribhuvan University. “But the reality is different,” he added.</p>
<p>The report states that the inflation was less than the target in the real sense only in the year 2004/5. The report attributes the low inflation to the effect of the base price of last year, improvement in supply management and the low rate of inflation in India and other countries. </p>
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