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In November 2023, the year-on-year Consumer Price Inflation (CPI) in Nepal stood at 5.4 percent. Compared to September-October, a modest decline of 0.22 percent was observed compared to the CPI in October-November. Most food and beverages experienced a decline in prices in October-November compared to the previous month, with the highest decline in vegetables (3.6 percent). However, published reports suggest that the prices of potato1 and onion2 have significantly increased. While the decline in the prices of most vegetables can be attributed to increased seasonal production, benefiting poor consumers in both rural and urban areas, the increases in the prices of potato and onion appear to be affected by untimely rainfall and India's export new restrictions, combined with Nepal's imposition of Value Added Tax (VAT). Higher potato and onion prices will negatively affect consumers’ food baskets.
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Kathmandu (Nepal)
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CSISA
TAFSSA
TAFSSA
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Related Datasets
CGIAR Initiatives
Initiative
Transforming Agrifood Systems in South Asia
Impact Area
Climate adaptation & mitigation
Action Area
Resilient Agrifood Systems
Donor or Funder
United States Agency for International Development (USAID)
CGIAR Trust Fund
CGIAR Trust Fund