Inflation sinks to 21-year low on weak demand, stagnation

Economists say record-low 1.87 percent inflation reflects subdued spending, political uncertainty, and disruptions.

Nepal’s inflation fell to a 21-year low in September, marking one of the weakest readings on record, as subdued domestic demand reflected a faltering economy weighed down by corruption, political instability, and a growing outflow of students and migrant workers.