Cost of food in Nepal increased 5.40 percent in August of 2020 over the same month in the previous year.
Food Inflation in Nepal averaged 9.28 percent from 2007 until 2020, reaching an all time high of 21.42 percent in June of 2009 and a record low of -1 percent in June of 2017. This page provides the latest reported value for - Nepal Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nepal Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Nepal is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Nepal to stand at 3.00 in 12 months time. In the long-term, the Nepal Food Inflation is projected to trend around 3.40 percent in 2021, according to our econometric models.