Inflation is biggest worry for consumers after virus slashes earnings

According to an Inflation Expectation Survey Report released by Nepal’s central bank, the majority of surveyed people expect the average prices of goods and services to grow by 10 percent in a year.

Handicraft trader Prem Prasad Timalsina's income dropped to near zero after Covid-19 started last year. The tourists stopped coming, and his shop Durga Handicraft at Kathmandu's tourist hotspot of Thamel wears a cheerless look.