Food prices in the markets regularly monitored by MoAD and WFP showed an upward trend over the past one month. The national average price of coarse rice and wheat flour
climbed up by 4.1 percent and 1.8 percent to Rs.33.9 and Rs. 34.5 per kilo respectively. The price of black gram and broken lentil increased by 5.0 percent and 1.9 percent to Rs. 112.2 and Rs. 94.5 per kilo respectively. Likewise, the price of soybean oil increased by 6.4 percent to Rs. 142.1 per liter. Prices of red potato and chicken meat increased sharply by 37.1 percent and 13.5 percent to Rs. 32.6 and Rs. 307.5 per kilo respectively. Compared to February 2012, prices showed an upward trend, while compared to May 2011, prices showed a mixed trend. Price trend in the regional markets is somewhat different than the national trend. The price of coarse rice showed an upward trend in the hill & mountain and Terai markets, while in the major consumer markets, it indicated a declining trend. Compared to May 2011, most prices showed a downward trend in all markets with few exceptions. In the wholesale markets monitored by FNCCI/ AEC in the five large markets (Birtamod, Kathmandu, Butwal, Surkhet and Dhangadhi), most prices showed an upward trend with an exception of coarse rice over the past one month The y-o-y inflation published by Nepal Rastra Bank in the latest macroeconomic situation report remained relatively stable at 7.5 percent in April 2012. The index of food & beverage group increased only by 4.6 percent compared to 17.3 percent in the same period last year, while the price index of cereal grains declined by 3.0 percent compared to an increase of 13.4 percent. However, compared to 11.4 percent increase in the same period last year, the price index of transport increased by 17.8 percent in April 2012.
#MarketWatch #FoodSecurity #NationalMarketDevelopment
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Publisher:
WFP, MOAD, FNCCI/ AEC, CIPF
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(2012
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Type / Script:
Bulletin or Poster
in English
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Keywords:
FOOD, FOOD SUPPLY, PRICE INDEX, FOOD AND BEVERAGE, FUEL, CONSUMER, FOOD SUPPLY, FOOD SECURITY, PRICE INFLATION, COMMODITIES, MARKET, SUPPLY, LARGEST CHANGE, NATIONAL MARKET DEVELOPMENT, DECREASE IN PRICE
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Thematic Group:
WFP
:
Food and Emergency humanitarian logistict support
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Thesaurus:
02.02.00
- Economic Conditions
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Reference Link:
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