United Nations
Information Centre | Nepal
Market Watch 47 November 2012
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Food prices regularly monitored by MoAD and WFP in various retail markets across the country mostly remained stable over the past one month. The national average price
of coarse rice marginally declined by 0.1 percent to Rs. 35.4 per kilo while that of wheat flour slightly increased by 0.7 percent to Rs. 37.8 per kilo. Retail prices of pulses such as black gram and broken lentil went down by 0.6 percent and 2.2 percent respectively. Likewise, prices of red potato and soybean oil also marginally declined by 2.8 percent and 1.9 percent respectively over the past one month. Compared to August 2012, prices showed a mixed trend while as compared to same period last year, most prices indicated an upward trend. In the regional markets, price of coarse rice declined in the Terai markets, while it remained the same in the major consumer and the hill & mountain markets with road access. As the harvest of summer crops such as paddy has almost completed, price of coarse rice declined seasonally in most paddy producing districts of Terai. Wholesale prices monitored in the five large markets (Birtamode, Kathmandu, Butwal, Surkhet and Dhangadhi) by FNCCI/AEC declined in November 2012 as compared to last month. For example, price of coarse rice went down by 7.4 percent over the past one month. Wholesale prices of vegetable and fruits in the Kalimati Fruits and Vegetables market showed an upward trend of off-season vegetables such as bitter gourd, onion and pumpkin, while seasonal vegetables and fruits such as cabbage, cauliflower, spinach, radish, broad leaf mustard and orange indicated an declining trend over the past one month. As per the latest release of macroeconomic situation report by Nepal Rastra Bank, inflation remained at 10.5 percent in October 2012 as compared to 8.9 percent over the same period last year. The price index of food and beverage increased by 9.1 percent against the 9.6 percent of last year while that of cereal grains increased by 5.3 percent compared to an increase of 1.8 percent over the same period last year. The price index of transport continuously increased by 15.1 percent as compared to 13.3 percent over the same period last year.

#MarketWatch #CropProduction #FoodSecurity
Publisher:
WFP, MOAD, FNCCI/ AEC, CIPF ,   (2012 )
Type / Script:
Bulletin or Poster in English
Keywords:
PRICE STABILIZATION, WHOLESALE PRICES, MACROECONOIMICS, ECONOMIC POLICY, REGIONAL MARKETS, SEASONAL CROPS, COMMODITIES CONTROL, CROP PRODUCTION, RURAL SOCIOLOGY,MARKET STABILIZATION, FOOD SUPPLY, FOOD SECURITY, NATIONAL MARKET DEVELOPMENT, PRICE INFLATION
Thematic Group:
 WFP : Food and Emergency humanitarian logistict support
Thesaurus:
04.01.01  -  Agricultural Economics And Policy; Rural Sociology
Reference Link:
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