Nepal Rastra Bank Releases Data: Inflation at 3.75%, Significant Growth in Imports and Exports in First Eight Months of FY 2081/82

Nepal Rastra Bank has released the economic data for the first eight months of the fiscal year 2081/82 (2024/25). According to the report, the consumer price index-based inflation stood at 3.75% on a year-on-year basis.

During this period, imports increased by 11.2%, while exports surged by an impressive 57.2%. Remittance inflows grew by 9.4% in Nepali rupees and 6.9% in US dollars. The balance of payments recorded a surplus of NPR 310.37 billion.

The total foreign exchange reserves reached USD 17.27 billion. The government of Nepal's expenditure amounted to NPR 839.36 billion, with revenue mobilization at NPR 720.35 billion.

Broad money supply expanded by 4.8%, with a year-on-year growth of 9.9%. Deposits in banks and financial institutions rose by 4.3%, and credit to the private sector increased by 6%. On a year-on-year basis, deposit growth was 9.5%, while private sector credit growth stood at 7.7%.

Analysts suggest that the data released by Nepal Rastra Bank indicates positive signs of improvement in the country's economic situation.