Inflation hits a 6-year high in Nepal. What next?

“Some time ago, the price of an egg increased from Rs 15 to Rs 17 and now the eggs per crate costs around Rs 500. A few days ago, jar water became more expensive. Recently, noodles price too went up,” Renuka Devkota, who owns a small snack shop near the Shobha Bhagawati temple in Kathmandu, says, “The prices of vegetables are in fluctuation. I used to sell a packet of Wai Wai noodles at Rs 20 and buy it for Rs 18. But, now I have to purchase it at Rs 20 and have to sell it for Rs 22.”

Devkota is suffering from a price hike. She says that the market price got high little by little. “Looking at my small teashop and home kitchen, there is nothing that hasn’t gone up in a year,” says Devkota.