Kathmandu. Nepal Rastra Bank has said that the price increase will reach 14 percent in three months. The National Bank is releasing a survey and said that the price increase rate will reach 14 percent in the next three months. Also, the National Bank has predicted that the price increase will reach 13.5 percent in one year.

In the 'price increase estimation survey' of the fourth quarter of the last financial year released by the Nepal Rastra Bank on Monday, it is said that the expected inflation forecast for the next three months has increased compared to March 2078. The average expected inflation after one year has decreased slightly compared to Chaitra, 2078. The expected inflation between three months and one year later is 14 percent and 13.5 percent respectively. Consumers feel that inflation is currently 14 percent. Individuals expect inflation to remain flat in the near term but to decline in the medium term.

Similarly, the National Bank has stated that the percentage of respondents who expect price increases in the next three months in all consumption groups except for non-food and services and real estate (housing) has increased compared to Chaitra, 2078. According to the Rastra Bank, the percentage of respondents who expect prices to increase one year ahead in all groups except vegetables and fruits and fish, meat, milk, ghee and oil consumption group has decreased compared to Chaitra, 2078.

In the survey, 94.7 percent of the respondents expected the price to increase in the next three months. Similarly, 94.4 percent of the respondents expected price increase in the next one year. The share of respondents who expect price increase in the next three months has slightly increased compared to Chait, 2078, while the share of respondents who expect price increase in the next one year has slightly decreased, according to the Rastra Bank.