Situation report on Nepal’s agrifood systems : April 2023
Nepal’s agrifood system remained economically stable during March of 2023. The year-on-year inflation in food and beverage prices has cooled down to 5.6% compared to 7.5% in Feb/March 2022. Field reports however suggest that this downward movement in prices have not yet translated to substantial changes in the cost of consumer and agricultural market goods. Inflation in food and beverage prices is marginally lower than the previous year: The cost of food and beverages increased by 5.6 percent from March 2022 to March 2023.