The report prepared jointly by the Ministry of Agriculture and Cooperatives, the UN World Food Program (WFP) Nepal, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Consumers´ Interest Protection Forum, was based on prices in February.
According to the report, the price of musuro (yellow lentil) inched up by 3 percent during February as compared to the previous month.
“Rice prices increased marginally during February and are expected to continue increasing gradually until the paddy harvest in November. Price increases were most noticeable in the Terai markets where prices of commodities increased on average by more than 10 percent,” the report stated.
During the review period, soybean oil prices remained largely stable, while mustard oil increased in line with seasonal expectations ---up by 6 percent. Wheat prices are also stable and marginally 4 percent higher than last year.
However, recent cases of bird flu in the eastern Terai continue to result in falling chicken prices across the country as consumers remain concerned about the product. “In Kathmandu the price of chicken fell by almost 25 percent this month,” the report further stated.
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