Nepal’s economic landscape: Inflation eases, remittance surges, and trade dynamics shift

KATHMANDU: In a noteworthy economic shift, Nepal experiences a substantial easing of inflation, with year-on-year consumer prices moderating to 5.38% in mid-November 2023 from 8.08% a year ago, according to Nepal Rastra Bank data. The Food and Beverage category sees a 6.01% rise, while the Non-Food and Service category...