Posted by: maxpayne April 11, 2017
Login in to Rate this Post:
0 
? 
?
NRB estimated the inflation target to 7.5% for Fiscal year 16/17, that was the optimistic estimate. Unless something changed drastically, I dont see how we will be at 3.5 this year. It would be great if that is the case though.
http://kathmandupost.ekantipur.com/news/2016-07-14/govt-releases-monetary-policy-for-fy-201617.html
Full report from NRB:
https://www.nrb.org.np/ofg/monetary_policy/Monetary_Policy_(in_English)--2016-17_(Full__Text).pdf
http://kathmandupost.ekantipur.com/news/2016-07-14/govt-releases-monetary-policy-for-fy-201617.html
Full report from NRB:
https://www.nrb.org.np/ofg/monetary_policy/Monetary_Policy_(in_English)--2016-17_(Full__Text).pdf
Here is the summary for inflation:
"The projected annual average inflation for 2015/16 was 8.5 percent. In eleven months of the
current fiscal year, average consumer price inflation rose to 9.9 percent due to supply
disruptions and border disturbance. Such inflation was at 7.2 percent in the previous year. On
y-o-y basis, CPI inflation surged up to 11.1 percent in June 2016. The prices of food and
beverages group increased by 11.9 percent and the non-food and services group by 10.5
percent in the review period. "
Last edited: 11-Apr-17 10:19 AM