Nepal Development Update, May 2016

• Ngôn ngữ: eng
• Ký hiệu phân loại: 720.95 Asia
• Thông tin xuất bản: World Bank, Kathmandu, 2016
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 311258
• Chủ đề: 1. AUCTION; 2. DEFICIT; 3. GROWTH RATES; 4. LIVING STANDARDS; 5. MONETARY POLICY

Tóm tắt

During 2015, and in the span of six-months, Nepal was hit by two major shocks. The first one was the April 2015 earthquakes that caused a huge loss of life and assets. The second shock has come in the form of a near complete disruption of external trade following the adoption of the new Constitution. Reflecting both the earthquake and trade related disruptions, inflation spiked to over 12 percent (y/ y) by mid-January rising 5 percentage points in just four months from mid-September 2015. This was the highest inflation level since FY2009, with increases in food and non-food prices contributing equally to the spike. As the trade disruptions ended, inflation has eased to back to single digits.