Nepal’s inflation at 30-month low, yet food prices refuse to come down
Nepali traders attributed the food price hike to the upcoming general elections in India. Traders said that given Nepal’s dependency on India, any protectionist policy adopted…
Nepali traders attributed the food price hike to the upcoming general elections in India. Traders said that given Nepal’s dependency on India, any protectionist policy adopted…
President Yoon's comments about the price of green onions during a visit to a hypermarket has prompted controversy, where the opposition party has even criticised him of being…
Food prices increased by 6.08 percent and non-food prices by 3.22 percent in February this year compared to February of last year.
The central bank has said that March inflation may settle between the range of 3.4 percent to 4.2 percent, which means the readout will be most likely higher than February’s 3.4…
The Washington-based lender said that economic conditions deteriorated in FY23 as inflation accelerated and the Balance of Payments deficit widened.
Indonesia's per capita annual rice consumption stands at about 95 kg - much higher than the average yearly consumption of other carbohydrates.
Experts saw the surge in inflation as temporary, and attributed the hike to seasonal demand picking up during Ramadan and ahead of Idul Fitri.
The higher projections come as a result of increases in demand across the archipelago peaks during the summer months through May.
Despite strict surveillance by magistrates to control price hikes and adulteration of food, this Ramadan, like always, traders are doing everything against the law.
Among the measures under consideration are raising the cap on the retail price of diesel from today’s 30 baht per litre, and increasing an excise tax cut on diesel fuel from the…