United Nations
Information Centre | Nepal
Market Watch 31 July 2011
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In the markets regularly monitored by MoAC and WFP, the national average price of most food commodities has in- creased marginally over the past one month. The average
prices of coarse rice and wheat flour increased by 1.0% to Rs. 36.1 per kilo and 0.8% to Rs. 36.9 per kilo respectively, while that of broken lentils and black gram increased by 0.5% to Rs. 96.8 per kilo and 0.2% to Rs. 109.8 per kilo respectively. However, the price of red potato has in- creased by 5.7% to 23.5 per kilo. In comparison to April 2011, the average price of coarse rice has increased by 4.7%, while that of wheat flour has declined by 2.9%. Price trends in regional markets reflect a somewhat different picture compared to the trend in national average price. The average price of coarse rice in major consumer markets has increased by 2.6%, while the price of wheat flour remained same in the last one month. In the Terai markets, the average prices of wheat flour and coarse rice increased by 2.5% and 0.6% respectively. However, the average prices of coarse rice and wheat flour remained same in mountain & hill markets with and without road access. In the wholesale market monitored by FNCCI/AEC, the prices of most commodities in the five large markets (Birtamod, Kathmandu, Butwal, Surkhet and Dhangadi) showed a trend similar to that seen in the retail markets. In July 2011, prices of vegetables in the Kathmandu valley have marginally declined due to sudden improvement in vegetable supply. The price of vegetables had increased by 15-20% in the last month (June). The prices of both diesel and kerosene increased from Rs. 68.5 (price level since December 6, 2010) to Rs. 73.5 per liter (effective from July 10, 2011). Such a rise in fuel prices is likely to increase the cost of transportation thereby raising food prices.

#MarketWatch #PriceInflation #Development #FoodSecurity #Production
Publisher:
WFP, MOAC, FNCCI/AEC, CIPF ,   (2011 )
Type / Script:
Bulletin or Poster in English
Keywords:
NATIONAL FOOD PRICE INFLATION, FUEL, NATIONAL MARKET DEVELOPMENT, FOOD, DECREASE, PRICE, LARGEST INCREASE, SUPPLY, MARKET, COMMODITIES, PRICE INFLATION, OOD SECURITY, DEMAND, PRODUCTION, CONSUMER PRICE INDEX, FOOD AND BEVARAGE, PRICE INDEX
Thematic Group:
 WFP : Food and Emergency humanitarian logistict support
Thesaurus:
02.02.00  -  Economic Conditions
Reference Link:
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