Inflation Analysis and Price Situation

INFLATION ANALYSIS AND PRICE SITUATION
2063 SHRAWAN (MID-AUGUST 2006)

(Special Issue on Petroleum Products Price)
NEPAL RASTRA BANK

RESEARCH DEPARTMENT
PRICE DIVISION
BALUWATAR, KATHMANDU
Phone/Fax: 977-1-4411782
Email : pricediv@nrb.org.np
www.nrb.org.np
CONTENTS
1.
2.
3.
4.
Inflation Projection for 2063/64 (2006/07) in Nepal

Price Situation - Mid-August, 2006
*
Consumer Price
*
Wholesale Price
*
Salary and Wage rate
Boxes:
1.
Inflation Analysis: Global Scenerio
2.
Central Bank Responses to Inflationary Shock
3.
World Petroleum Produc;tion: Demand & Supply
4.
Petroleum Product Pricing in Nepal
5.
Current Financial Situation of Nepal Oil Corporation
Tables:
*
*
*
*
*
Consumer Price Index (CPI)

Wholesale Price Index (WPI)
Salary and Wage Rate Index (SWRI)
Average Retail Prices of Selected Commodities in Border Markets
Weekly Average Retail Prices of Some Essential Commodities
INFLATION AND PRICE SITUATION : AT A GLANCE
World Inflation
Inflation in India
Inflation in Nepal
CPI (Mid-August)
Y-O-Y Change in CPI
M-O-M Change in CPI
Food and Beverages Group
Index
Y-O-Y Change
M-O-M Change
Non Food and Serveses Group
Index
Y-O-Y Change
M-O-M Change
WPI(Mid-August)
Index
Y-O-Y Change
M-O-M Change
SWRI(Mid-August)
Index
Y-O-Y Change
M-O-M Change
* Projected.
2005/06
2006/07*
3.8
4.4
8.0
3.2
5.0-5.5
6.0
170.7
7.3
2.3
182.4
6.9
1.0
165.0
6.6
2.9
175.0
6.1
1.2
177.2
8.0
1.6
191.0
7.8
0.7
133.5
9.3
2.8
142.4
6.7
1.8
101.9
1.9
1.9
109.3
7.3
2.9
INFLATION ANALYSIS AND PRICE SITUATION
Annual Inflation
10
8.0
8
Percent
6.0
4.8
4.5
4.0
4
2.9
0
2001/02
2002/03
2003/04
2004/05
2005/06
2006/07*
Year
NCPI
* Projected for FY 2006/07
1. Inflation Projection for 2063/64 (2006/07)

A major objective of Nepal Rastra Bank (NRB) is to
maintain price stability. Accordingly, NRB makes
inflation rate projection in the announcement of annual
monetary policy and attempts to control the estimated
level of inflation during the period. The average
annual inflation rate projected for the fiscal year
2063/64 is 6.0 percent. While projecting the inflation
for the current FY 2063/64, it is assumed that the rate
may move upward due to the probable unexpected rise
in prices of petroleum products to 9.0 percent. There are
some major assumptions of the projections:
lagged effect of hike in petroleum prices of February
2006.
Favorable weather condition for the production of
grains and cereal articles
Indian inflation would remain within the range of 5.05.5 percent as estimated by RBI for FY 2006/07.
2. Price Situation
Consumer Price
(a) Overall Index
Y-O-Y CPI Inflation
Percent
9
8
7
6
5
4
3
2
1
0
Overall
Food and Beverages
Non-food and Services
Group
Mid-August 2005
Mid-August 2006
Indices of Food and Beverages Group

250
Index
200
150
100
50
0
M i d-A ugus t 2005
M i d-A ugus t 2006
Months
Overall
Vegetables and Fruits
Milk and Milk Products
Beverages
Grains and Cereal Products

Spices
Oil and Ghee
Restaurant Meals
The year on year (y-o-y) consumer price inflation

increased by 6.9 percent in mid-August 2006
compared to an increase of 7.3 percent in the
corresponding period of the previous year. The passthrough effect of two times rise in the prices of
petroleum products in 2005/06 as well as an increase in
the prices of transportation fare in the same period
together with a sharp rise in the prices of pulses mainly
accounted for consumer price inflation of 6.9 percent in
the review period. On the other hand, a comparatively
low rise in the prices of grains and cereal products eased
inflation relative to that of the previous year.
(b) Food and Beverages Group
In the review period, the y-o-y index of food and
beverages group surged up by 6.1 percent compared
to an increase of 6.6 percent in the corresponding
period last year. Despite a marginal rise in the prices
of grains and cereal products, a sharp increase in the
prices of spices and pulses pushed up the index of this
group. The indices of pulses (23.6 percent), spices (10.5
percent), grains and cereal products (7.4 percent), milk
and milk products (6.2 percent), meat, fish and eggs (5.2
percent), beverages (4.8 percent), vegetables and fruits
(4.3 percent), sugar and related products (3.5 percent),
restaurant meals (2.4 percent) and oil and ghee (1.0
percent) all increased in the review period.
Box 1: Inflation Analysis: Global Scenario

On the eve of the FY 2006/07 (mid-July, 2006) headline inflation in several countries firmed up in response to sustained
pressures from record high international crude oil prices. Many central banks, thus, tightened their monetary policies to
contain inflation and inflationary expectations. In Nepal, NRB also announced slightly tightened Monetary Policy for FY
2006/07 with projecting annual average rate of inflation to be 6.0 percent. However, the policy recognized the fact that
the projection might be about 3.0 percentage point higher if the Government of Nepal revised upward the prices of
petroleum products.
In the first month of the FY 2006/07 (mid-July 2006 - mid-Aug. 2006), headline inflation in Nepal as measured by
National Urban Consumer Price Index (NUCPI) stood at 6.9 percent. Along with higher oil prices, primary food articles
(rice & rice products, pulses etc.) and transportation fares also posed upward pressure in inflation.
Global Inflation: Some numbers
Headline inflation moved up around the globe with the increase in international crude oil price. Inflation edged up sharply
in major advanced economies in June 2006 with the oil price reaching a new high of over $ 75 a barrel.
On y-o-y basis, U.S. inflation in June 2006 reached to 4.3 percent and 2.5 percent each in Euro area and U.K. The
inflation rate for some selected developed & developing economics for May 2006 and May 2005 are shown in Table.
Developed Economies
Australia
Canada
Euro Area
Japan
U.K.
U.S.
Developing Economies
Brazil
India
Indonesia
Israel
Korea
Philippines
South Africa
Thailand
Nepal
CPI Inflation
2005 May
2.4
1.6
2.1
0.2
2.0
2.5
7.3
3.7
7.4
0.2
2.7
7.6
3.3
3.8
7.3**
2006 May
3.0
2.8
2.5*
0.6
2.5*
4.3*
4.0*
6.3
15.5*
3.5
2.6*
6.7
3.9
5.9*
6.9**
* Data for June 2006 ** Data for mid-August.

Note: Indian data on inflation pertain to CPI for industrial workers.
Source: IMF, websites of various central banks, The Economist and the OECD.
Indices of Non-food and Services group

300
250
150
100
50
Commodities
Mid-August 2005
Mid-August 2006
Tobacco and
Related
Products
Education,
Reading and
Recreation
Medical and
Personal Care
Transport and
Communication
Housing Goods
and Services
Footwear
Cloth, Clothing
& Sewing
Services
0
Overall
Index
200
(c) Non-food and Services Group

The index of non-food and services group increased
by 7.8 percent compared to an increase of 8.0
percent in the same period last year. The pass through
effect of rise in the prices of petroleum products two
times in 2005/06 as well as the lagged effect of in the
prices of transportation fare in February 2006,
accounted for the rise in the price index of this group.
The indices of transport and communication (17.9
percent), housing goods and services (14.4 percent),
tobacco and related products (6.5 percent), footwear
(2.8 percent), medical and personal care (2.5 percent),
cloth, clothing and sewing services (1.7 percent) and
education, reading and recreation (0.7 percent) all
increased in the review period.
(d) Regional Indices

Region-wise, the price indices of Terai increased by
higher rate of 7.5 percent followed by Hills at 6.8
percent and the Kathmandu Valley at 5.9 percent. In the
corresponding period of the previous year, the indices of
Hills had increased at the higher rate of 8.7 percent,
followed by Terai at 7.4 percent and the Kathmandu
Valley at a lower rate of 6.1 percent.
Regionw ise Consum er Price Indices

190
180
170
160
150
Overall
Kathmandu
Terai
Hills
Region
Mid-August 2005
Mid-August 2006
(e) Core CPI inflation

The y-o-y core inflation increased by 4.6 percent in
mid-August 2006 compared to an increase of 4.5
percent a year ago.
Box 2: Central Bank Responses to Inflationary Shock

Many central banks around the world tighten monetary policy to contain inflation & inflationary expectation especially
in view of possible pass-through of previous increase in oil prices. In an open economy, central bank responded the
shocks by adjusting policy interest rates.
U.S. Federal Reserve raised Fed fund rate by 25 basis points in May 2006 and 25 basis point in June 2006 to 5.25
percent. Thus, Fed fund rate increased by 425 basis points since the tightening began in June 2004.
In Euro area, European Central Bank raised key policy rate by 25 basis points in June 2006, a total increase of 75
basis points since December 2005.
Reserve Bank of Australia also raised policy interest rate by 25 basis points to 5.75 percent in response to strong
economic activity & underlying inflationary pressures.
In U.K., on the other hand, Bank of England after cutting its policy rate by 25 basis point on August 4, 2005 has
kept unchanged since then.
In Japan, y-o-y consumer price inflation has turned positive since January 2006. Accordingly, Bank of Japan on
July 14, 2006 decided to increase the un collateralized overnight leading rate by 25 basis points after maintaining
zero interest rates for an extended period.
In Thailand, Bank of Thailand raised policy rates by 25 basis points each in April and June 2006 to 5.0 percent a
total hike of 275 basis points since March end 2005.
Bank of Korea raised the policy rate by 25 basis points to 4.25 percent in June 2006, total of 100 basis points since
October 2005.
The Bank of Indonesia, which had raised policy rates by 425 basis points during July - December 2005, cut the rate
by 25 basis points each in May and July 2006 to 12.25 percent to support growth.
In Nepal, the monetary policy announced in July, 2006 also hike up the bank rate by 25 basis points to 6.25
percent.
Source: IMF, websites of various central banks, The Economist and the OECD.
(f) M-O-M CPI Inflation
M-O-M CPI Inflation
Percent
4
3
2
1
0
Overall
Food and Beverages
Non-food and Services
The overall price index in Mid-August, 2006

increased by 1.0 percent compare to that of mid-July
2006. During the review month, the indices of food and
beverages and non-food and services group increased by
1.2 percent and 0.7 percent, respectively. The indices of
Terai and Hills increased by 1.0 percent each and
Kathmandu valley increased by 0.9 percent.
Groups
Mid-July 2006
Mid-August 2006
Wholesale Price
National Wholesale Price Index
(a) Overall Index
(1999/00=100)
200
Index
150
133.5
152.8
142.4
134.2
140.2
123.7
138.9
132.6
100
50
0
Overall Index
Agricultural Commodities Domestic Manufactured

Commodities
Imported commodities
Groups
Mid-August 2005
Mid-August 2006
(b) Agricultural Commodities
Sub-group Indices of Agricultural Commodities

200.0
Index
160.0
120.0
80.0
40.0
Spices
Livestock
Production
Commodities
Fruits
and
Vegetables
Pulses
Cash
Crops
Foodgrains
Overall
0.0
Mid-August 2005
The y-o-y wholesale price inflation increased by 6.7

percent in mid-August 2006 compared to an increase
of 9.3 percent in the corresponding period of the
previous year. Despite a decline in the prices of fruits
and vegetables in the review period, a lagged effect of
upward price revision in petroleum products in February
last fiscal year and sharp rise in prices of pulses, spices,
cash crops and construction materials pushed the
wholesale price index up.
Mid-August 2006
In the review period, the index of agricultural

commodities increased by a lower rate of 4.5 percent
compared to the growth of 9.9 percent during the
corresponding period last year. Such growth is mainly
attributable to the rise in the prices of food-grains, cash
crops as well as pulses livestock. The indices of pulses
(20.6 percent), spices (13.4 percent), cash crops (11.9
percent), food-grains (9.0 percent) and livestock
production (5.1 percent) increased respectively whereas
the index of fruits and vegetables (12.6 percent)
declined sharply in the review period.
Box 3: World Petroleum Production: Demand & Supply

In 2003, USA, Britain and their allies launched an attack on Iraq. This conflict led to cut down the global oil production resulting to increase
the gap between production and supply of petroleum products. Since then, the global oil price tended to increase steadily upward to mark
the unpredicted high of U.S.$ 75 per barrel in June 2006. However, the prices of oil products declined and it presently stands around $ 58
per barrel. The volatility of the global oil prices have multiple effect in the world economy as well as Nepalese economy especially in
driving up inflation and inflationary expectation.
Table 1: World Petroleum Production, Demand & Supply, 1995-2005

Year
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
Production
1
26004
26461
27710
28774
27579
29267
28344
26352
27822
29924
31155
Demand
2
69984
71539
73293
73945
75596
76619
77406
78082
79742
82453
83987
Supply
3
70314
71960
74185
75679
74879
77793
77717
76957
79565
83005
84411
1
% change
2
5
4
-4
6
-3
-7
6
8
4
(Thousand Barrels per Day)

2
3
% change
% change
2
2
2
3
1
2
2
-1
1
4
1
0
1
-1
2
3
3
4
2
2
Source: Energy Information Administration, Official energy statistics for the US government.
The table 1 shows the aggregate production, demand and supply of the world petroleum based on the data from 1995 to 2005. In 1999, the
production and supply of oil prices both declined by 4.0 percent and 1.0 percent respectively. The same trend appeared in 2002 and both
declined by 7.0 percent and 1.0 percent respectively, whereas in 2001, the production declined by 3.0 percent and supply stood at par of the
previous year. However, for remaining years, the production increased at a higher level and supply followed it at a lower rate. During the
period, demand rose marginally in all of the years but the production and supply showed a fluctuating trend. The fluctuation in the
production market had affected the supply side, consequently, supply pushed market price tended to change periodically and the trend of
fluctuation hit on the oil prices as demand was persistently increased.
contd..
Table 2: World Supply Demand Balance of Oil (Millions barrel per day)
Item
1
Demand
OECD
Non-OECD
China
Total
Supply
Non-OPEC
OPEC
Total
2003
2
2004
3
2005
4
2006P
5
Q1
2006P
Q2
Q3
Q4
48.7
31.2
5.6
79.9
49.5
33.0
6.5
82.5
49.6
34.4
6.9
84.0
49.9
35.6
7.4
85.6
50.2
35.1
7.2
85.3
48.8
35.2
7.3
84.0
49.9
35.4
7.4
85.4
50.8
36.8
7.6
87.6
48.9
30.7
79.6
50.1
32.9
83.1
50.1
33.9
84.0
50.9
34.1
85.0
50.7
33.7
84.4
50.4
33.5
83.9
51.0
34.5
85.5
51.6
34.7
86.3
0.3
-0.6
-0.1
0.5
0.9
0.1
-0.1
1.3
Stock changes
P : Projections
With limited surplus global crude oil production capacity and the U.S. oil production and refining industries still to recover fully, oil prices
are expected to remain firm in the near future (Table 2). The Energy Information Administration (EIA) of the US, therefore, expects WTI
prices to average US $ 69.1 per barrel in calendar year 2006, an increase of about 22 percent over the price prevailing in 2005 (US $ 56.5
per barrel).
Table 3: The US and Brent Petroleum, 1995 - 2005

Year
1995
1996
1997
1998
1999
2000
2001
2002
US Price/barrel
18.40
22.03
20.61
14.40
19.30
30.26
25.95
26.15
Brent Price/barrel
17.02
20.67
19.09
12.72
17.97
28.50
24.44
25.02
US % change
19.7
-6.4
-30.1
34.0
56.8
-14.2
0.8
Brent % change
21.5
-7.6
-33.4
41.3
58.6
-14.2
2.4
Nepal % change*
7.8
-1.4
-14.8
15.9
25.8
-11.7
15.6
*: Nepal Rastra Bank, Research Department, Price Division.
2003
30.99
28.83
18.5
15.2
8.5
2004
41.47
38.27
33.8
32.7
20.3
2005
56.70
54.52
36.7
42.5
31.1
Table 3 presents the data of US and Brent Oil prices. Brent is the oil-distributing hub in Europe. The table shows that Brent price is lower
than that of the US market price. During 1995 to 2005, it is observed that the oil prices had dramatically fluctuated. In Brent, the price rose
unexpectedly to $54.52 in 2005 from $17.02 per barrel in 1995 level. Similarly in US market, for the same period, the price of petroleum
products stood at $56.70 and $18.40 per barrel respectively. During this decade the Brent and U.S. price rose 321.50 percent and 308.15
percent respectively.
Figure 1. Price Trend of Oil Products

( On an annual average basis)
70
60
50
40
Percent
30
20
10
0
-10
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
-20
-30
-40
Year
Brent
Nepal
Figure I shows that Brent oil prices increased by 21.5 percent in 1996. Since then, declining trend in global prices reached to -33.4 percent
in 1998 possibly due to crisis in South East Asian economies. The prices again moved up to a increase of 58.6 percent in 2000. However it
declined by 14.2 percent in 2001. After 2002 to 2005, the prices increased widely and reached to 42.5 percent level in 2005. Nepalese oil
prices followed the trend of Brent prices during the period. However, since 2003 to date, the Nepalese oil prices stood at below the level of
Brent oil prices.
(c)
S ub - g r o up I nd i ces o f D o mest ic M anuf act ur ed

C o mmo d i t i es
In the review period, the index of this group

increased by a higher rate of 7.2 percent due to the
rise in price of construction materials compared to a
rise of 4.0 percent during the same period of the
preceding year. The indices of construction materials
(12.9 percent), beverages and tobacco (6.4 percent),
food-related products (5.6 percent) and others (2.8
percent) all increased in the review period.
200
160
120
80
40
0
Over all
Food-
Bever ages
Relat ed
and Tobacco
Const ruct ion
Ot her s
Mat erials
Product s
C o mmo d it i es
Mid-August 2005
Domestic Manufactured Commodities
Mid-August 2006
Box 4: Petroleum Product Pricing in Nepal

Price of petroleum products are fixed by the Government of Nepal (GoN). So, this product is classified as government controlled goods in
CPI. Nepal Oil Corporation, a government undertaking, is a sole authority to import and supply all articles of oil products and it imports
and distributes the products to private petroleum dealers. The dealers then determine their retail prices for ultimate consumers.
Table 4: Periodic Price Trend of Petroleum Products in Nepal(Per Ltr / NRs.)(1994-2006)

FY
Effective Date
1994/95
27 Dec 94
29.00
0.0
12.00
0.0
8.50
-5.6
1995/96
04 Apr 96
31.00
6.9
13.50
12.5
9.50
11.8
305.00
11 Jul 96
34.00
9.7
14.00
3.7
9.50
0.0
380.00
24.6
13 Jun 97
39.00
14.7
17.50
25.0
11.00
15.8
380.00
24.6
25 Jun 97
39.00
0.0
15.50
-11.4
10.50
-4.5
495.00
30.3
39.00
0.0
15.50
0.0
10.50
0.0
465.00
22.4
17 Jul 98
16 Jan 99
40.00
40.00
2.6
0.0
16.50
15.50
6.5
-6.1
10.50
10.50
0.0
0.0
465.00
465.00
0.0
0.0
1999/00
27 Oct 99
40.00
0.0
23.00
48.4
13.00
23.8
465.00
0.0
2000/01
14-Oct-00
16-Nov-00
47.00
47.00
17.5
0.0
27.50
27.50
19.6
0.0
26.00
22.00
100.0
-15.4
550.00
550.00
18.3
0.0
0.0
1996/97
1997/98
1998/99
Petrol
% Change
Diesel
% Change
Kerosene
% Change LPG Per Clnd % Change
17-Jan-01
46.00
-2.1
26.50
-3.6
17.00
-22.7
550.00
2001/02
02 Jan 02
46.00
0.0
26.50
0.0
17.00
0.0
550.00
0.0
2002/03
23-Nov-02
52.00
13.0
26.50
0.0
17.00
0.0
650.00
18.2
26-Mar-03
56.00
7.7
35.50
34.0
28.00
64.7
700.00
7.7
20-Apr-03
56.00
0.0
33.50
-5.6
27.00
-3.6
700.00
0.0
2003/04
03 Jul 04
54.00
-3.6
31.00
-7.5
24.00
-11.1
700.00
0.0
2004/05
12 Aug 04
56.00
3.7
31.00
0.0
24.00
0.0
725.00
3.6
18 Sep 04
56.00
0.0
35.00
12.9
28.00
16.7
750.00
3.4
10 Jan 05
62.00
10.7
41.00
17.1
36.00
28.6
850.00
13.3
12 Feb 05
62.00
0.0
41.00
0.0
34.00
-5.6
800.00
-5.9
21 Jun 05
62.00
0.0
41.00
0.0
34.00
0.0
900.00
12.5
19 Aug 05
67.00
8.1
46.00
12.2
39.00
14.7
900.00
0.0
18 Feb 06
67.00
0.0
52.50
14.1
47.71
22.3
900.00
0.0
2005/06
Source: Nepal Rastra Bank, Research Department, Price Division.

In FY 1995/96, the prices of petroleum products viz. petrol, diesel, kerosene and LPG were registered Rs. 31, Rs. 13.50, Rs. 9.50, Rs.
305, respectively. During a decade, the prices of these products were increased more than double and recorded to Rs. 67, Rs. 52.50, Rs.
47.70 and Rs. 900, respectively. In review period, the prices was revised 23 times and the mounting prices affected the overall economy.
Contd..
The Tenth Plan (2002-2007) has the program to strengthen the management capacity of NOC, as well as to introduce measures for
reducing leakages. The Plan also ensured about the private sector participation in the activities of NOC. It is expected that the effective
implementation of these plans and policies would streamline continuous supplies of petroleum products and enable NOC to become
financially viable.
Table 5 : Prices of Petroleum Products in Nepal (In US$)

Exchange Rate
FY
%
Change
Petrol
with USD/ 1 NPR*
Diesel
%
Change
Kerosene
0.43
%
Change
LP Gas
( Per Clnd)
%
Change
1986
17.60
0.62
1987
21.10
0.55
-11.49
0.36
-16.59
0.33
0.27
-16.59
1988
21.80
0.59
7.95
0.34
-3.21
0.26
-3.21
1989
23.50
0.55
-7.23
0.32
-7.23
0.24
-7.23
1990
27.40
0.69
26.32
0.33
4.06
0.25
2.92
1991
29.10
0.67
-3.36
0.31
-5.32
0.25
0.30
1992
42.70
0.59
-12.63
0.23
-25.52
0.19
-25.82
1993
42.60
0.64
9.59
0.26
9.42
0.21
12.76
1994
49.00
0.59
-7.76
0.24
-4.43
0.19
-9.44
1995
49.11
0.59
-0.22
0.24
-0.22
0.17
-9.54
1996
50.45
0.64
9.09
0.27
11.54
0.19
8.80
6.79
1997
56.25
0.69
7.63
0.29
7.63
0.19
1.49
7.78
1998
56.75
0.69
-0.88
0.27
-6.89
0.19
-3.19
8.19
5.35
1999
67.60
0.59
-13.90
0.24
-13.34
0.16
-16.05
6.88
-16.05
2000
68.15
0.59
-0.81
0.34
42.59
0.19
22.81
6.82
-0.81
2001
70.40
0.66
12.94
0.39
14.34
0.31
61.34
7.81
14.50
2002
74.65
0.62
-7.04
0.35
-8.01
0.23
-26.01
7.37
-5.69
2003
78.00
0.68
9.85
0.39
10.51
0.29
27.23
8.46
14.85
2004
74.75
0.72
6.72
0.41
5.71
0.32
10.81
9.36
10.67
2005
74.14
0.80
11.28
0.51
22.94
0.42
31.07
10.86
15.95
2006
70.35
0.96
19.80
0.71
39.40
0.62
47.44
12.79
17.82
14.57
* : Source : Nepal Rastra Bank (Year end basis)
The table 5 presents the annual average of retail prices of the different oil products in Nepal in US dollar terms. The table further shows
that rate of price changes in petrol, diesel and kerosene is higher compared to that of LP Gas. In FY 2006, prices of petrol, diesel and
kerosene increased by 19.80 percent, 39.40 percent and 47.44 percent respectively. However, the price of LPG increased only by 17.82
subsidizing percent. The Government of Nepal still subsidizes on LPG and kerosene prices.
Nepal imports all oil products from Indian Oil Corporation. So, Nepalese and Indian petroleum prices have similar trend in the market.
The following table and diagram shows the price trend of petroleum products in Nepal and India.
Table 6 : Percent Price Change in Petroleum Products (Nepal and India)

Period April 2001 January 2002 January 2003 January 2004 January 2005 January 2006
Nepal
35.4
-9.5
4.3
20.7
11.1
30.1
India
43.5
-5.4
24.2
13.7
18.1
36.9
Source : Nepal Rastra Bank.

Figure 2 : Price Trend of Petroleum Products*
50
43.5
40
36.9
35.4
30
30.1
Percent
24.2
20
20.7
10
13.7
18.1
11.1
4.3
-5.4
0
01.04.'01
-10
01.01.'02
01.01'03
-9.5
01.01.'04
01.01.'05
Period
-20
Nepal
India
01.01.'06
Figure 2 shows the similar trend of Nepalese

and Indian oil price movement with Brent oil
prices, in 2001. The prices in Nepal and India
increased by 35.4 percent and 43.5 percent
respectively.
In 2002 the prices in both
countries declined by 9.5 percent and 5.4
percent respectively. In 2003 Nepalese oil
prices increased by only 4.3 percent and Indian
prices sharply increased by 24.2 percent. In
2004, the increase in the Nepalese oil prices is
higher than that of Indian prices. However, in
2005 and 2006, the level of price increase was
below to Indian prices.
(d)
Sub-group Indices of Imported Commodities

increased by 10.0 percent compared to an increase of
11.7 percent during the corresponding period in the
previous year. The pass through impact of the revised
prices of petroleum products two times in the review
year affected the index of petroleum products and coal
that exerted an upward pressure on the index of this
group. The price index of petroleum products and coal
(24.2 percent), others (10.6 percent), chemical fertilizers
and chemical goods (6.1 percent), transport vehicles and
machinery goods (2.0 percent) and textile and related
products(0.5 percent) increased in the review period. In
contrast, the price indices of electric and electronic
goods and drugs and medicine declined by 1.5 percent
and 0.2 percent respectively.
320
280
Index
240
200
160
120
80
40
0
Overall
Petroleum
Products
and Coal
Chemical
Fertilizers
and
Chemical
Goods
Transport
Vehicles
and
Machinery
Goods
Drugs and
Medicine
Electric
and
Electronic
Goods
TextileRelated
Products
Others
Commodities
Mid-August 2005
Imported Commodities
Mid-August 2006
(f) M-O-M WPI Inflation
M-O-M WPI Inflation
The overall wholesale price index on m-o-m basis in

mid-August, 2006 increased by 1.8 percent compare
to that of mid-July 2006. During the review month,
the indices of agricultural, domestic manufactured and
imported commodities group increased by 2.0 percent,
2.6 percent and 1.1 percent, respectively.
6
5
4
3
2
1
0
-1
Over al l
A g r i cul t ur al
Lab o ur er
I nd ust r i al
Lab o ur er
C o nst r uct io n
Lab o ur er
-2
Gr ou p
M id-July 2006
M id-A ugust 2006
Box 5: Current Financial Situation of Nepal Oil Corporation

Nepal Oil Corporation, the only state owned importer and distributor of oil products in Nepal is facing financial crisis. Its monthly operating
loss reached to Rs. 3.12 crores and the cumulative loss is accounted Rs.1419.82 crores on November 2006.
Table 7: NOC's Monthly Profit/Loss Calculation as at November 2006

NOC's Profit/Loss Position (Prices are W/O VAT)
Petrol
Aviation Fuel
Diesel
LP Gas
Estimated Import/Sales as per FY 063/064 Projection
7,200
6,700
28,300
8,000
23,300
Depot Landed Cost, N.Rs./KL or Cyld in case of LPG
53,035.59
49,178.06
45,365.65
931.49
47,413.79
Ex-Depot Selling Price, N.Rs./KL or Cyld for LPG
56,592.15
68,125.97
44,667.47
718.72
45,519.69
3556.56
18947.91
-698.18
-212.77
-1894.09
3.56
18.95
-0.70
-212.77
-1.89
25,607,231
126,951,009
-19,758,475
-119,867,215
-44,132,396
Total Government Rev. (N.Rs/Lit or Cyld)
24.01
10.78
9.51
192.78
Monthly Govt. Revenue in Crores (in Rs.)
17.28
2.89
26.92
10.86
Profit/Loss Per Kl (or Per Mt. for LPG)

Profit/Loss Per Litre (or Per Cyld. for LPG)
Monthly Profit/Loss, Rs.
Net Estimated Monthly Loss to NOC, (in Rs.)
Kerosene
-31,199,847
1.98
4.61
*Total Monthly Govt. Revenue
62.57
Net Estimated Monthly Loss to NOC in Crores NRs.
-3.12
Source : Nepal Oil Corporation
- Exchange rate : 1US$=72.1 Rs.(November 01, 2006)
The table indicates that NOC distributes Diesel, LP Gas and Kerosene at a price below the cost whereas there is profit in petrol (Rs.3.56)
and aviation fuel (Rs.18.95) per liter. In aggregate, there is Rs. 62.57 crores monthly revenue for the government by selling these products.
The monthly loss recorded about 3.12 crores for NOC.
Salary and Wage Rate

Salary and Wage Rate Index
(a) Overall Index
(2004/05=100)
Index
120
115
110
105
100
95
90
110.4
109.3
106.4
102.5
101.9
100.0
Overall
Salary
Wage Rate
Group
Mid-August 2005
Mid-August 2006
(b) Salary
Sub-group Indices of Salary
The index of this group increased by 6.4 percent,

compared to that of the preceding year's index. The
impact of the 10.0 percent rise in the salary of
government employees contributed to rise the index.
ns
n
O
at
e
Pr
iv
Ar
m
y
Ba
nk
&
rg
an
is
at
io
uc
at
io
Ed
&P
ol
ic
e
Fo
rc
es
ut
io
ns
tit
In
s
Fi
na
nc
ia
l
C
or
po
ra
tio
Pu
bl
ic
C
iv
il
S
er
vi
ce
ve
ra
ll
O
ns
120
100
80
60
40
20
0
Index
The National Salary and Wage Rate Index (2004/05

= 100), on a y-o-y basis, increased by 7.3 percent in
mid-August 2006. Such index had increased by 1.9
percent a year ago. The rise in wages of laborers as
well as the 10 percent rise in the salary of government
employees as announced in the budget speech of the
fiscal year 2006/07 accounted for the growth of salary
and wage inflation.
Mid-August 2005
Sub-groups
Mid-August 2006
(c)
Sub-group indices of wage Rate

125
Index
100
75
50
25
0
Overall
Agricultural Labourer
Industrial Labourer
Construction Labourer
Wage Rate

increased at a higher rate of 7.7 percent compared to
an increase of 2.5 percent during the corresponding
period in the preceding year. The growth in the wage
rate index is mainly attributable to the rise in the wage
rate of agricultural labourer (8.8 percent) industrial
labourer (7.0 percent) and construction labourer (4.1
percent).
Sub-groups
Mid-August 2005
Mid-August 2006
M- O-M change of SWRI
(d) M-to-M Basis
The overall index in mid-August 2006 increased by

2.9 percent compared to that of the previous month.
During the review month, the salary and wage rate
increased by 6.0 percent and 1.8 percent respectively.
Percent
5
4
3
2
1
0
Overall
Salary Index
Wage Rate Index
Group
Mid-July 2006
Mid-August 2006
Table - 1
National Urban Consumer Price Index

(1995/96 = 100)
Groups & sub-groups

1
1.
Weight
%
2
MID-AUGUST 2006 (SHRAWAN 2063)

2004/05
2005/06
2006/07P
Percentage Change
Jul/Aug June/July Jul/Aug May/June June/July Jul/Aug Column 5 Column 5 Column 8 Column 8
3
4
5
6
7
8
Over 3
Over 4
Over 5
Over 7
OVERALL INDEX
100.00
159.1
166.8
170.7
179.6
180.6
182.4
7.3
2.3
6.9
1.0
1.1. FOOD & BEVERAGES
53.20
154.8
160.3
165.0
170.9
172.9
175.0
6.6
2.9
6.1
1.2
18.00
143.0
151.8
158.8
170.0
170.1
170.5
11.0
4.6
7.4
0.2
(14.16)
141.4
150.2
158.9
166.7
166.7
167.1
12.4
5.8
5.2
0.2
Rice and Rice Products

Pulses
2.73
130.2
134.0
137.1
172.0
171.2
169.5
5.3
2.3
23.6
-1.0
7.89
163.2
158.0
166.7
149.6
160.9
173.8
2.1
5.5
4.3
8.0
Spices
1.85
153.3
147.4
145.9
156.8
159.9
161.2
-4.8
-1.0
10.5
0.8
Meat, Fish and Eggs
5.21
165.8
172.0
173.0
183.0
183.9
182.0
4.3
0.6
5.2
-1.0
4.05
150.5
154.5
156.2
160.2
163.7
165.9
3.8
1.1
6.2
1.3
Oil and Ghee
3.07
151.8
148.2
147.7
149.6
148.4
149.2
-2.7
-0.3
1.0
0.5
Sugar and Related Products
1.21
140.3
158.4
158.9
167.4
164.7
164.4
13.3
0.3
3.5
-0.2
Beverages
2.28
161.1
167.4
177.4
183.7
183.8
186.0
10.1
6.0
4.8
1.2
Restaurant Meals
6.91
185.5
199.9
201.5
206.6
206.6
206.4
8.6
0.8
2.4
-0.1
46.80
164.1
174.4
177.2
189.5
189.6
191.0
8.0
1.6
7.8
0.7
8.92
140.1
143.1
144.1
145.7
145.9
146.6
2.9
0.7
1.7
0.5
Cloths
(2.28)
129.1
131.6
133.2
134.0
134.2
134.6
3.2
1.2
1.1
0.3
Clothings
(5.75)
139.1
142.6
142.8
144.8
145.0
145.4
2.7
0.1
1.8
0.3
1.2. NON-FOOD & SERVICES

Cloth, Clothing & Sewing Services
Footwear
2.20
132.8
134.9
136.2
139.5
139.5
140.0
2.6
1.0
2.8
0.4
Housing Goods and Services
14.87
164.7
186.2
186.6
211.7
211.7
213.4
13.3
0.2
14.4
0.8
Fuel, Light and Water
(5.92)
201.5
246.0
246.1
300.8
300.8
300.8
22.1
0.0
22.2
0.0
Transport and Communication
4.03
186.2
209.9
215.9
253.6
253.6
254.6
16.0
2.9
17.9
0.4
Medical and Personal Care
8.03
171.2
172.7
175.0
177.7
177.7
179.4
2.2
1.3
2.5
1.0
Education, Reading and Recreation
7.09
188.9
191.2
199.8
200.2
200.3
201.1
5.8
4.5
0.7
0.4
Tobacco and Related Products
1.66
153.5
159.7
162.1
164.6
164.6
172.7
5.6
1.5
6.5
4.9
P = Provisional.
Table - 1.1
Urban Consumer Price Index : Kathmandu Valley

(1995/96 = 100)
Groups & sub-groups

1
1.
Weight
%
2

2006/07P
Percentage Change
2004/05
2005/06
3
4
5
6
7
8
Over 3
Over 4
Over 5
Over 7
OVERALL INDEX
100.00
154.6
160.5
164.0
171.2
172.2
173.7
6.1
2.2
5.9
0.9
51.53
150.9
154.2
156.9
161.9
163.8
165.7
4.0
1.8
5.6
1.2
16.37
152.3
152.4
155.7
166.0
167.8
169.1
2.2
2.2
8.6
0.8
(13.05)
157.2
155.5
159.5
169.4
170.8
172.3
1.5
2.6
8.0
0.9
Pulses
2.14
117.1
125.4
127.9
173.3
170.5
166.9
9.2
2.0
30.5
-2.1
8.27
141.2
140.1
146.9
129.7
134.5
145.2
4.0
4.9
-1.2
8.0
Spices
1.57
148.2
143.4
139.0
143.2
144.0
144.3
-6.2
-3.1
3.8
0.2
Meat, Fish and Eggs
5.28
163.5
169.4
171.9
189.0
188.9
185.5
5.1
1.5
7.9
-1.8
4.18
136.2
144.4
144.5
144.2
153.0
153.1
6.1
0.1
6.0
0.1
Oil and Ghee
2.62
147.5
143.2
142.5
146.2
144.3
144.9
-3.4
-0.5
1.7
0.4
1.36
146.9
165.0
165.6
172.9
168.3
170.0
12.7
0.4
2.7
1.0
Beverages
2.39
135.5
144.9
147.2
147.2
147.7
150.3
8.6
1.6
2.1
1.8
Restaurant Meals
7.35
175.0
184.3
186.0
188.6
189.7
189.7
6.3
0.9
2.0
0.0
48.47
158.6
167.2
171.6
181.0
181.1
182.3
8.2
2.6
6.2
0.7
8.67
143.3
147.1
148.1
148.4
148.8
149.1
3.3
0.7
0.7
0.2
Cloths
(1.83)
136.1
141.8
146.0
146.1
146.6
146.6
7.3
3.0
0.4
0.0
Clothings
(6.14)
138.6
142.1
142.2
142.3
142.8
142.8
2.6
0.1
0.4
0.0

Footwear
2.41
134.6
135.3
136.5
136.8
136.8
136.8
1.4
0.9
0.2
0.0
15.14
160.8
179.4
179.9
200.9
200.9
202.2
11.9
0.3
12.4
0.6
(4.95)
210.3
258.1
258.1
313.5
313.5
313.5
22.7
0.0
21.5
0.0
4.21
179.8
200.7
213.6
244.6
244.6
244.0
18.8
6.4
14.2
-0.2
7.86
174.5
173.5
174.9
175.6
175.6
177.2
0.2
0.8
1.3
0.9
8.33
156.8
158.3
173.0
172.7
172.7
172.8
10.3
9.3
-0.1
0.1
1.85
137.1
140.2
144.0
144.8
144.8
157.0
5.0
2.7
9.0
8.4
DOMESTIC GOODS
81.26
153.1
156.7
160.7
165.7
167.0
168.4
5.0
2.6
4.8
0.8
IMPORTED GOODS
18.74
161.1
176.8
178.3
195.0
194.7
196.5
10.7
0.8
10.2
0.9
TRADABLE GOODS
68.86
151.0
157.0
159.3
167.1
168.4
170.3
5.5
1.5
6.9
1.1
NON-TRADABLE GOODS
31.14
162.7
168.2
174.4
180.1
180.6
181.3
7.2
3.7
4.0
0.4
GOVT.CONTROLLED GOODS
17.03
165.0
186.0
192.4
214.6
216.4
217.2
16.6
3.4
12.9
0.4
NON-CONTROLLED GOODS
82.97
152.5
155.2
158.2
162.2
163.1
164.8
3.7
1.9
4.2
1.0
P=Provisional
Table - 1.2
Urban Consumer Price Index : Terai

(1995/96 = 100)
Groups & sub-groups

1
1.
Weight
%
2

2004/05
2005/06
2006/07P
Percentage Change
3
4
5
6
7
8
Over 3
Over 4
Over 5
Over 7
OVERALL INDEX
100.00
161.6
169.7
173.6
183.6
184.7
186.6
7.4
2.3
7.5
1.0
54.98
156.2
162.1
168.0
174.6
176.7
178.9
7.6
3.6
6.5
1.2
19.76
140.1
152.9
162.8
174.4
173.4
173.2
16.2
6.5
6.4
-0.1
(15.42)
135.6
149.7
161.9
167.5
166.6
166.1
19.4
8.1
2.6
-0.3
Pulses
3.35
138.2
137.5
141.0
166.7
167.1
166.0
2.0
2.5
17.7
-0.7
7.63
176.6
165.5
176.0
158.8
175.1
191.1
-0.3
6.3
8.6
9.1
Spices
2.06
151.4
144.8
145.1
162.6
168.2
169.6
-4.2
0.2
16.9
0.8
Meat, Fish and Eggs
5.02
166.2
172.9
172.5
179.8
180.7
179.5
3.8
-0.2
4.1
-0.7
3.98
154.6
155.1
158.4
163.6
164.2
167.4
2.5
2.1
5.7
1.9
Oil and Ghee
3.23
154.6
149.8
149.2
151.0
150.3
151.8
-3.5
-0.4
1.7
1.0
1.09
135.9
153.0
153.2
163.7
161.9
160.1
12.7
0.1
4.5
-1.1
Beverages
2.00
168.1
172.9
183.3
194.6
194.6
196.5
9.0
6.0
7.2
1.0
Restaurant Meals
6.86
184.2
201.8
203.5
209.5
208.9
208.0
10.5
0.8
2.2
-0.4
45.02
168.2
179.0
180.5
194.5
194.6
196.0
7.3
0.8
8.6
0.7
9.16
142.7
144.1
145.2
147.3
147.3
148.2
1.8
0.8
2.1
0.6

Cloths
(2.63)
132.2
133.1
133.8
136.1
136.3
137.1
1.2
0.5
2.5
0.6
Clothings
(5.45)
143.6
145.2
145.4
147.2
147.1
147.6
1.3
0.1
1.5
0.3
Footwear
1.78
132.7
134.4
135.1
139.2
139.2
139.8
1.8
0.5
3.5
0.4
14.80
167.7
190.8
191.2
219.2
219.2
220.7
14.0
0.2
15.4
0.7
(6.91)
198.4
241.4
241.5
296.9
297.0
296.9
21.7
0.0
22.9
0.0
4.16
184.5
203.5
206.7
243.7
243.7
244.8
12.0
1.6
18.4
0.5
8.04
171.7
174.3
175.8
179.0
179.0
180.4
2.4
0.9
2.6
0.8
5.54
207.6
210.7
214.9
215.9
216.2
217.4
3.5
2.0
1.2
0.6
1.54
162.8
168.3
170.2
173.9
173.9
178.9
4.5
1.1
5.1
2.9
P = Provisional.
Table - 1.3
Urban Consumer Price Index : Hills

(1995/96 = 100)
Groups & sub-groups

1
1.
Weight
%
2

2006/07P
Percentage Change
2004/05
2005/06
3
4
5
6
7
8
Over 3
Over 4
Over 5
Over 7
OVERALL INDEX
100.00
159.7
169.7
173.6
182.7
183.5
185.4
8.7
2.3
6.8
1.0
53.04
157.5
165.9
170.2
176.1
177.6
179.5
8.1
2.6
5.5
1.1
17.76
135.4
147.9
153.3
164.6
164.7
165.6
13.2
3.7
8.0
0.5
(13.86)
130.7
143.2
149.9
159.9
160.2
160.8
14.7
4.7
7.3
0.4
Pulses
2.66
130.2
138.4
141.7
184.2
183.2
183.2
8.8
2.4
29.3
0.0
7.61
163.4
167.0
174.4
157.6
166.0
174.1
6.7
4.4
-0.2
4.9
Spices
2.01
166.9
161.1
159.0
163.7
163.7
166.8
-4.7
-1.3
4.9
1.9
Meat, Fish and Eggs
5.48
168.3
174.1
175.8
181.8
184.4
182.8
4.5
1.0
4.0
-0.9
3.94
162.7
169.3
169.2
177.3
180.1
182.9
4.0
-0.1
8.1
1.6
Oil and Ghee
3.77
151.5
151.9
152.0
151.3
149.8
149.4
0.3
0.1
-1.7
-0.3
1.15
141.1
162.2
162.9
168.2
166.6
166.6
15.5
0.4
2.3
0.0
Beverages
2.65
184.3
189.6
211.0
214.2
214.2
216.4
14.5
11.3
2.6
1.0
Restaurant Meals
6.01
205.9
220.4
221.5
228.2
228.4
229.8
7.6
0.5
3.7
0.6
46.96
162.1
174.1
177.5
190.1
190.1
192.1
9.5
2.0
8.2
1.1

8.94
127.9
133.9
134.5
137.3
137.3
137.9
5.2
0.4
2.5
0.4
Cloths
(2.54)
109.2
110.9
110.8
108.2
108.0
108.2
1.5
-0.1
-2.3
0.2
Clothings
(5.51)
127.9
136.4
137.0
142.7
142.9
143.8
7.1
0.4
5.0
0.6
2.63
130.1
135.7
138.7
144.9
144.9
145.8
6.6
2.2
5.1
0.6
14.40
163.4
185.0
185.4
209.2
209.2
211.8
13.5
0.2
14.2
1.2
(5.92)
195.3
238.5
238.5
290.0
290.1
290.2
22.1
0.0
21.7
0.0
3.31
201.5
242.1
244.4
295.1
295.1
298.1
21.3
1.0
22.0
1.0
8.39
164.7
167.0
173.1
177.5
177.5
180.0
5.1
3.7
4.0
1.4
7.78
191.6
192.9
203.4
202.9
203.0
203.6
6.2
5.4
0.1
0.3
1.51
155.4
168.3
170.2
172.3
172.3
181.8
9.5
1.1
6.8
5.5
Footwear
P = Provisional.
Table-1a
Core CPI Inflation**

(1995/96 = 100)
Group & sub-groups

OVERALL (Adjusted)

Change %
Weight
Revised
2004/05
2005/06 2006/07P
%
Weight
Jul/Aug
Jul/Aug
Jul/Aug
2005/06
2006/07
100.00
100.00
157.8
164.8
172.5
4.5
4.6
FOOD AND BEVERAGES (Adjusted)
53.20
45.53
159.5
167.9
179.5
5.2
7.0

Wheat and Wheat Flour
Other Grains and Cereal Products
Pulses
Spices
Meat, Fish and Eggs
Oil and Ghee
Beverages
Restaurant Meals
14.16
1.79
2.05
2.73
7.89
1.85
5.21
4.05
3.07
1.21
2.28
6.91
0.00
2.62
3.00
3.99
0.00
2.70
7.61
5.92
4.49
1.77
3.33
10.10
141.4
159.5
139.8
130.2
163.2
153.3
165.8
150.5
151.8
140.3
161.1
185.5
158.9
174.8
144.3
137.1
166.7
145.9
173.0
156.2
147.7
158.9
177.4
201.5
167.1
212.4
158.2
169.5
173.8
161.2
182.0
165.9
149.2
164.4
186.0
206.4
12.4
9.6
3.2
5.3
2.1
-4.8
4.3
3.8
-2.7
13.3
10.1
8.6
5.2
21.5
9.6
23.6
4.3
10.5
5.2
6.2
1.0
3.5
4.8
2.4
NON-FOOD AND SERVICES (Adjusted)
46.80
54.47
156.4
162.3
166.5
3.8
2.6

Footwear
Housing goods and Services
House Furnishing and Household Goods
House Rent
Cleaning Supplies
Transport
Communication
8.92
2.20
13.04
3.22
140.1
132.8
144.1
136.2
146.6
140.0
2.9
2.6
1.7
2.8
3.50
4.19
1.26
5.92
3.61
0.42
8.03
7.09
1.66
5.12
6.12
1.84
0.00
0.00
0.61
11.74
10.36
2.43
133.4
148.3
140.2
201.5
193.4
123.4
171.2
188.9
153.5
139.7
154.9
143.8
246.1
226.4
126.6
175.0
199.8
162.1
144.6
161.8
158.9
300.8
269.5
126.6
179.4
201.1
172.7
4.7
4.5
2.6
22.1
17.1
2.6
2.2
5.8
5.6
3.5
4.5
10.5
22.2
19.0
0.0
2.5
0.7
6.5
P: Provisional
**Based on the exclusion principle by excluding rice and rice products, vegetables and fruits, fuel, light and water and
transports.
Total weight excluded 31.58
Total weight included 68.42
Table - 2
National Wholesale Price Index

(1999/00 = 100)
Mid-August 2006 (Shrawan 2063)

Groups and Sub-groups
1
1. Overall Index
Weight %
2
2004/05
Jul/Aug Jun/Jul
3
4
Jul/Aug
5
2005/06
May/Jun
6
Jun/Jul
7
2006/07P
Percentage Change
Jul/Aug Column 5 Column 5 Column 8 Column 8
8
Over 3
Over 4
Over 5
Over 7
100.00
122.1
129.9
133.5
138.2
139.9
142.4
9.3
2.8
6.7
1.8
49.59
122.1
127.7
134.2
133.9
137.4
140.2
9.9
5.1
4.5
2.0
Foodgrains
16.58
96.6
112.0
115.8
125.7
123.7
126.2
19.9
3.4
9.0
2.0
Cash Crops
6.09
167.4
163.2
166.6
155.5
172.3
186.4
-0.5
2.1
11.9
8.2
Pulses
3.77
122.0
123.5
129.4
155.3
156.1
156.0
6.1
4.8
20.6
-0.1
11.18
132.7
125.4
142.3
117.0
123.8
124.4
7.2
13.5
-12.6
0.5
1.95
103.9
101.6
102.2
108.8
111.4
115.9
-1.6
0.6
13.4
4.0
10.02
128.7
141.6
144.2
150.1
152.3
151.6
12.0
1.8
5.1
-0.5
20.37
118.9
124.9
123.7
129.4
129.3
132.6
4.0
-1.0
7.2
2.6
Food-Related Products
6.12
109.3
115.3
115.2
118.2
119.0
121.6
5.4
-0.1
5.6
2.2
Beverages and Tobacco
5.68
119.9
124.7
126.4
128.8
128.8
134.5
5.4
1.4
6.4
4.4
Construction Materials
4.50
141.2
152.4
144.7
159.8
160.1
163.3
2.5
-5.1
12.9
2.0
Others
4.07
107.3
109.4
109.4
113.4
111.3
112.5
2.0
0.0
2.8
1.1
30.04
124.3
136.7
138.9
151.2
151.1
152.8
11.7
1.6
10.0
1.1
Petroleum Products and Coal
5.40
165.2
211.9
211.9
263.2
263.2
263.2
28.3
0.0
24.2
0.0
Chemical Fertilizers and Chemical Goods
2.46
131.6
153.1
160.8
169.5
169.5
170.6
22.2
5.0
6.1
0.6
Transport Vehicles and Machinery Goods
6.97
115.1
119.5
123.9
126.1
126.1
126.4
7.6
3.7
2.0
0.2
Electric and Electronic Goods
1.87
96.7
96.6
96.8
96.0
95.3
95.3
0.1
0.2
-1.5
0.0
Drugs and Medicine
2.73
107.3
108.0
111.5
111.3
111.3
111.3
3.9
3.2
-0.2
0.0
Textile-Related Products
3.10
114.6
112.1
111.2
111.0
111.5
111.8
-3.0
-0.8
0.5
0.3
Others
7.51
117.9
123.8
125.2
132.8
132.6
138.5
6.2
1.1
10.6
4.4
1.1 Agricultural Commodities
Fruits and Vegetables

Spices
Livestock Production
1.2 Domestic Manufactured Commodities
1.3 Imported Commodities
P = Provisional
Table - 2.1
Wholesale Price Index of Agricultural Commodities

(1999/00 = 100)

Code
No. Names of Commodities Weight %
1
2
Overall Index
2004/05
Jul/Aug Jun/Jul
3
4
Jul/Aug
5
2005/06
May/Jun
6
Jun/Jul
7
2006/07P
Percentage Change
8
Over 3
Over 4
Over 5
Over 7
100.00
122.1
127.7
134.2
133.9
137.4
140.2
9.9
5.1
4.5
2.0
22.10
95.3
112.3
117.4
121.2
121.0
120.7
23.2
4.5
2.8
-0.2
Rice
Maize
1.80
87.0
91.6
97.3
105.6
104.5
110.2
11.8
6.2
13.3
5.5
Wheat
9.54
101.5
115.4
115.4
139.7
133.7
142.1
13.7
0.0
23.1
6.3
Sugarcane*
2.52
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Oilseeds
2.56
153.3
128.6
134.1
129.7
132.2
133.2
-12.5
4.3
-0.7
0.8
Jute
0.30
121.6
162.1
162.2
173.7
173.7
133.7
33.4
0.1
-17.6
-23.0
Potato
6.89
174.6
176.1
178.9
164.3
187.1
208.4
2.5
1.6
16.5
11.4
Pulses
7.60
122.0
123.5
129.4
155.3
156.1
156.0
6.1
4.8
20.6
-0.1
Fruits
11.38
143.7
117.0
146.5
145.5
135.7
135.6
1.9
25.2
-7.4
-0.1
10
Vegetables
11.17
121.5
133.9
138.0
87.9
111.6
113.0
13.6
3.1
-18.1
1.3
11
Spices (Other Crops)
3.93
103.9
101.6
102.2
108.8
111.4
115.9
-1.6
0.6
13.4
4.0
12
Milk
1.96
110.9
122.2
122.2
121.7
133.4
134.8
10.2
0.0
10.3
1.0
13
Meat (Buffalo)
8.05
149.2
168.0
175.5
186.0
188.4
188.4
17.6
4.5
7.4
0.0
14
Mutton
5.20
124.4
132.2
132.2
135.2
133.0
133.0
6.3
0.0
0.6
0.0
15
Pork
1.09
117.8
117.8
117.8
140.8
140.8
140.8
0.0
0.0
19.5
0.0
16
Chicken
1.05
102.9
122.7
119.4
126.7
127.3
104.4
16.0
-2.7
-12.6
-18.0
17
Eggs
1.51
103.6
113.2
111.4
95.6
105.1
106.8
7.5
-1.6
-4.1
1.6
18
Fish
1.34
106.4
114.4
112.9
120.8
120.8
124.2
6.1
-1.3
10.0
2.8
* Because of seasonal nature, it's weight has been divided proportionately to other cash crops in off-season (May/June to Oct./Nov).
P = Provisional
Table - 2.2
Wholesale Price Index of Domestic Manufactured Commodities

(1999/00 = 100)

Code
No. Names of Commodities Weight %
1
2
Overall Index
2004/05
Jul/Aug Jun/Jul
3
4
Jul/Aug
5
2005/06
May/Jun
6
Jun/Jul
7
2006/07P
Percentage Change
8
Over 3
Over 4
Over 5
Over 7
100.00
118.9
124.9
123.7
129.4
129.3
132.6
4.0
-1.0
7.2
2.6
19
Sugar
5.34
127.1
147.7
147.2
149.7
150.0
149.3
15.8
-0.3
1.4
-0.5
20
Veg. Ghee
7.67
100.0
96.1
95.6
102.7
102.3
106.4
-4.4
-0.5
11.3
4.0
21
Mustard Oil
0.35
145.2
132.8
129.2
123.9
123.9
124.7
-11.0
-2.7
-3.5
0.6
22
Soybean Oil
3.35
117.4
119.1
118.9
124.8
123.4
127.2
1.3
-0.2
7.0
3.1
23
Biscuit
0.91
98.4
107.8
107.8
103.6
103.6
103.0
9.6
0.0
-4.5
-0.6
24
Processed Milk
4.12
114.9
119.7
119.7
119.7
124.7
129.9
4.2
0.0
8.5
4.2
25
Wheat Flour
1.26
103.4
118.6
118.5
132.2
129.5
135.2
14.6
-0.1
14.1
4.4
26
Noodles
3.18
103.8
103.1
103.1
103.1
103.1
106.7
-0.7
0.0
3.5
3.5
27
Tea
0.83
87.5
90.6
86.5
87.9
87.9
80.9
-1.1
-4.5
-6.5
-8.0
28
Animal Feed
1.03
108.8
106.1
102.2
114.1
114.1
114.1
-6.1
-3.7
11.6
0.0
29
Beaten Rice
3.01
98.2
114.9
117.9
114.8
118.7
120.4
20.1
2.6
2.1
1.4
30
Soft Drinks
4.54
115.6
120.2
120.2
126.8
126.8
126.8
4.0
0.0
5.5
0.0
31
Liquor
7.15
130.2
133.4
135.8
137.8
137.8
139.4
4.3
1.8
2.7
1.2
32
Beer
5.25
122.0
129.3
131.1
135.1
135.1
143.3
7.5
1.4
9.3
6.1
33
Cigarette
11.02
114.1
118.6
120.7
120.7
120.7
130.2
5.8
1.8
7.9
7.9
34
Jute Goods
3.15
99.8
110.0
110.5
122.6
109.8
115.8
10.7
0.5
4.8
5.5
35
Leather (Processed)
0.63
102.8
104.1
104.1
104.1
104.1
104.1
1.3
0.0
0.0
0.0
36
Leather Shoes
1.76
104.3
105.1
105.1
110.2
110.2
110.2
0.8
0.0
4.9
0.0
37
Paper
4.37
107.0
114.7
114.7
117.7
117.7
118.6
7.2
0.0
3.4
0.8
38
Matches
0.47
102.1
102.3
102.3
106.2
100.2
100.2
0.2
0.0
-2.1
0.0
39
Soap
6.34
113.6
107.5
107.5
106.6
106.6
106.6
-5.4
0.0
-0.8
0.0
40
Slippers
0.50
100.0
109.3
109.3
109.3
109.3
109.3
9.3
0.0
0.0
0.0
41
Plastic goods
0.37
126.5
145.4
152.4
152.0
154.8
158.8
20.5
4.8
4.2
2.6
42
Polythene Pipe
0.49
120.9
136.8
136.8
136.8
136.8
184.4
13.2
0.0
34.8
34.8
43
Bricks
1.07
127.4
130.3
137.7
141.9
143.5
144.0
8.1
5.7
4.6
0.3
44
Cement
9.17
127.7
134.6
133.5
151.0
151.4
151.0
4.5
-0.8
13.1
-0.3
45
Iron Rods
2.46
203.1
191.9
188.6
204.9
204.9
213.4
-7.1
-1.7
13.1
4.1
46
GI/HB Wires
2.29
165.6
161.3
162.1
182.9
182.9
182.9
-2.1
0.5
12.8
0.0
47
Corrugated Sheets
5.71
128.5
163.8
136.3
149.2
149.2
149.2
6.1
-16.8
9.5
0.0
48
Electric Wires
0.87
155.3
163.9
160.8
168.7
168.7
204.4
3.5
-1.9
27.1
21.2
49
Drycell Battery
1.34
100.0
102.8
102.8
111.8
111.8
111.8
2.8
0.0
8.8
0.0
P = Provisional
Table - 2.3
Wholesale Price Index of Imported Commodities

(1999/00 = 100)

Code
No.
Names of Commodities
1
Overall Index
Weight %
2
100.00
2004/05
Jul/Aug Jun/Jul
3
4
124.3
136.7
2005/06
Jul/Aug May/Jun
5
6
138.9
151.2
Jun/Jul
7
151.1
2006/07P
Percentage Change
8
Over 3
Over 4
Over 5
Over 7
152.8
11.7
1.6
10.0
1.1
50
Horlicks & Powder Milk
1.07
118.9
122.6
125.6
122.6
123.3
125.0
5.6
2.4
-0.5
1.4
51
Raw Wool
3.07
122.9
121.6
119.7
114.9
116.4
117.3
-2.6
-1.6
-2.0
0.8
52
Salt
0.38
133.3
133.3
133.3
150.0
150.0
150.0
0.0
0.0
12.5
0.0
53
Petroleum Products
17.62
165.7
213.0
213.0
265.2
265.2
265.2
28.5
0.0
24.5
0.0
54
Chemical Fertilizers
4.65
133.4
146.2
145.5
163.0
163.0
163.0
9.1
-0.5
12.0
0.0
55
Polythene Grannuels
1.88
125.7
140.9
135.3
158.8
165.7
196.1
7.6
-4.0
44.9
18.3
56
Medicine
9.09
107.3
108.0
111.5
111.3
111.3
111.3
3.9
3.2
-0.2
0.0
57
Chemical Goods
3.53
129.4
162.3
180.8
178.0
178.0
180.6
39.7
11.4
-0.1
1.5
58
Other Machinery & Parts
12.81
114.0
120.7
123.7
127.0
127.0
127.5
8.5
2.5
3.1
0.4
59
Transp. Vehi. & Parts
8.77
116.4
117.6
124.7
125.3
125.3
123.9
7.1
6.0
-0.6
-1.1
60
Readymade Garments
1.83
117.8
109.6
109.6
109.6
109.6
109.6
-7.0
0.0
0.0
0.0
61
Agri.Instru. & Parts
1.09
119.6
124.6
124.8
127.9
127.9
133.0
4.3
0.2
6.6
4.0
62
Cotton Fabrics & Textiles
3.62
107.7
107.7
107.7
107.6
107.6
107.6
0.0
0.0
-0.1
0.0
63
Electro. Goods & Equip.
5.33
97.8
97.7
97.9
97.0
96.2
96.2
0.1
0.2
-1.7
0.0
64
Coal
0.35
143.3
160.0
160.2
160.2
160.2
160.2
11.8
0.1
0.0
0.0
65
Radio, T.V. & Parts
0.89
90.1
90.1
90.1
90.1
90.1
90.1
0.0
0.0
0.0
0.0
66
Tire, Tube & Flapes
0.55
111.3
110.6
113.5
112.5
112.5
126.8
2.0
2.6
11.7
12.7
67
Pipe & Pipe Fittings
0.48
130.7
151.9
151.9
151.9
151.9
185.7
16.2
0.0
22.3
22.3
68
Thread
1.80
110.9
107.4
105.3
112.9
112.9
112.9
-5.0
-2.0
7.2
0.0
69
Glass Sheet & Wares
0.54
123.0
126.6
149.6
132.5
132.5
134.6
21.6
18.2
-10.0
1.6
70
Other Stationery
0.45
92.0
92.0
84.0
84.0
84.0
84.0
-8.7
-8.7
0.0
0.0
71
Others
20.20
117.0
122.0
123.7
131.2
130.3
133.8
5.7
1.4
8.2
2.7
P = Provisional
Table - 3
National Salary and Wage Rate Index

(2004/05=100)
Mid- August 2006 (Shrawan 2063)
S.No.
Groups/Sub-groups
1
Overall Index
Weight
%
2
Mid-Aug
Mid-Jul
Mid-Aug
Mid-Jun
Mid-Jul
Mid-Aug
2004/05
2005/06
2006/07P
Percentage Change
5 over 3 5 over 4
8 over 5
8 over 7
2.9
100.0
100.0
100.0
101.9
105.7
106.2
109.3
1.9
1.9
7.3
1 Salary Index
27.0
100.0
100.0
100.0
100.4
100.4
106.4
0.0
0.0
6.4
6.0
Officers
Non Officers
9.8
17.2
100.0
100.0
100.0
100.0
100.1
100.0
100.3
100.4
100.3
100.4
105.7
106.8
0.1
0.0
0.1
0.0
5.6
6.8
5.4
6.4
2.8
0.3
2.5
1.1
0.2
0.9
0.6
0.1
0.4
4.0
0.2
3.8
10.6
6.8
3.8
7.9
2.2
5.7
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
101.5
102.5
101.3
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
104.4
106.4
104.0
110.0
112.6
109.4
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
104.4
106.4
104.0
110.0
112.6
109.4
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
110.0
110.0
110.0
107.0
109.1
106.6
110.9
114.1
110.1
111.4
109.9
111.5
107.0
106.5
108.0
101.3
101.5
101.3
0.0
0.0
0.0
0.0
0.0
0.0
1.5
2.5
1.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5
2.5
1.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.0
10.0
10.0
7.0
9.1
6.6
9.3
11.3
8.7
11.4
9.9
11.5
7.0
6.5
8.0
1.3
1.5
1.3
10.0
10.0
10.0
2.5
2.5
2.5
0.8
1.3
0.6
11.4
9.9
11.5
7.0
6.5
8.0
1.3
1.5
1.3
73.0
100.0
100.0
102.5
107.7
108.4
110.4
2.5
2.5
7.7
1.8
39.5
20.5
19.0
25.3
6.3
6.3
6.3
6.3
8.3
2.8
1.4
1.4
2.8
1.4
1.4
2.8
1.4
1.4
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
104.5
104.2
104.8
100.0
100.0
100.0
100.0
100.1
100.7
101.8
101.5
102.1
100.3
100.1
100.5
100.0
100.0
100.0
109.0
108.2
109.8
107.0
104.3
106.4
108.2
109.0
103.6
104.4
105.5
103.3
102.9
104.4
101.3
103.6
103.3
103.8
110.0
109.1
110.9
107.0
104.3
106.4
108.2
109.0
104.8
105.1
106.0
104.1
103.1
104.9
101.3
106.2
106.4
106.0
113.7
113.2
114.2
107.0
104.3
106.4
108.2
109.0
104.8
105.1
106.0
104.1
103.1
104.9
101.3
106.2
106.4
106.0
4.5
4.2
4.8
0.0
0.0
0.0
0.0
0.1
0.7
1.8
1.5
2.1
0.3
0.1
0.5
0.0
0.0
0.0
4.5
4.2
4.8
0.0
0.0
0.0
0.0
0.1
0.7
1.8
1.5
2.1
0.3
0.1
0.5
0.0
0.0
0.0
8.8
8.6
9.0
7.0
4.3
6.4
8.2
8.9
4.1
3.2
4.4
2.0
2.8
4.8
0.8
6.2
6.4
6.0
3.4
3.8
3.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.1 Civil Service

Officers
Non Officers
1.2 Public Corporations
Officers
Non Officers
1.3 Bank & Financial Institutions
Officers
Non Officers
1.4 Army &Police Forces
Officers
Non Officers
1.5 Education
Officers
Non Officers
1.6 Private Organisations
Officers
Non Officers
2 Wage Rate Index
2.1 Agricultural Labourer
Male
Female
2.2 Industrial Labourer
High Skilled
Skilled
Semi Skilled
Unskilled
2.3 Construction Labourer
Mason
Skilled
Unskilled
Carpenter
Skilled
Unskilled
worker
Male
Female
P : Provisional
Table 4
Average Retail Prices of Selected Commodites in Border Market

Mid-August 2006
(Prices in NRs)
Nepal*
S.NO.
Discreption
Unit
India**
Mid-Aug 05
Mid-Jul 06
Mid-Aug 06 Mid-Aug 05
Mid-Jul 06
Mid-Aug 06
Percetage Change
3 Over 2
6 Over 5
3 Over 6
7.7
Foodgrains
1
Paddy Coarse
Qtl.
1145.25
1109.00
1104.00
954.00
1026.67
1024.67
-0.5
-0.2
Paddy Fine (Basmati )
Qtl.
2050.00
2137.50
2137.50
1653.34
2045.34
2050.67
0.0
0.3
4.2
Maize
Qtl.
1012.50
1011.25
1010.00
886.00
908.67
870.67
-0.1
-4.2
16.0
Rice Fine ( Basmati )
Kg.
37.42
42.00
42.00
37.73
40.40
39.33
0.0
-2.6
6.8
Rice ( Mansuli )
Kg.
23.75
24.00
24.09
22.53
21.07
19.93
0.4
-5.4
20.8
Rice Coarse
Kg.
19.67
18.83
18.92
16.87
16.87
16.20
0.4
-4.0
16.8
Beaten Rice
Kg.
24.17
23.50
23.67
21.47
21.07
20.80
0.7
-1.3
13.8
Wheat Flour ( Atta )
Kg.
16.75
20.75
20.92
14.87
18.07
18.20
0.8
0.7
14.9
Wheat Flour ( Maida )
Kg.
19.25
23.25
23.75
17.20
20.00
19.87
2.2
-0.7
19.6
10
Black Gram
Kg.
44.83
75.42
75.42
48.80
75.23
75.34
0.0
0.1
0.1
11
Arahar
Kg.
51.67
56.75
56.92
50.27
51.87
51.33
0.3
-1.0
10.9
12
Mung
Kg.
53.08
85.33
88.67
53.73
78.40
78.67
3.9
0.3
12.7
13
Musuro
Kg.
43.83
48.58
48.58
41.47
42.14
40.67
0.0
-3.5
19.5
14
Moog (Broken )
Kg.
53.25
85.75
85.75
47.73
65.33
63.80
0.0
-2.3
34.4
15
Chick Pea
Kg.
35.63
49.75
50.42
33.87
44.28
45.22
1.3
2.1
11.5
Vegetables
Kg.
16
Red Potato
Kg.
14.50
15.33
17.50
11.60
13.20
13.20
14.1
0.0
32.6
17
White Potato
Kg.
14.17
14.25
16.00
11.27
12.67
12.94
12.3
2.1
23.7
18
Dry Onion
Kg.
15.58
14.42
15.42
11.60
11.33
11.87
6.9
4.7
29.9
19
Tomato
Kg.
32.67
30.50
23.50
33.73
35.73
35.60
-23.0
-0.4
-34.0
20
Cabbage
Kg.
20.75
16.17
17.67
27.87
24.27
29.73
9.3
22.5
-40.6
21
Cauli Flower
Kg.
41.92
38.00
49.83
57.07
60.27
68.80
31.1
14.2
-27.6
Pulses
Fruits
22
Banana ( Harichhal )
Doz.
20.67
21.25
21.25
20.80
23.47
21.27
0.0
-9.4
-0.1
23
Apple (Chocolate )
Kg.
75.00
80.83
79.58
82.00
83.33
80.80
-1.5
-3.0
-1.5
24
Orange
Kg.
0.00
60.00
60.00
64.00
0.00
0.00
0.0
0.0
0.0
25
Sweet Orange
Kg.
39.00
55.00
45.84
33.60
48.00
41.34
-16.7
-13.9
10.9
26
Salt
Kg.
9.00
10.00
10.00
12.50
13.80
13.40
0.0
-2.9
-25.4
27
Turmeric
250g
17.75
22.25
22.25
20.93
22.00
22.93
0.0
4.2
-3.0
28
Garlic
250g
11.67
19.33
19.83
7.80
14.27
18.53
2.6
29.9
7.0
29
Ginger
250g
17.08
10.50
9.25
20.00
10.27
10.27
-11.9
0.0
-9.9
30
Cuminseed
Kg.
165.00
161.67
161.67
160.00
168.00
170.67
0.0
1.6
-5.3
31
Dry Chilli
250g
16.42
30.17
30.17
13.40
25.20
25.00
0.0
-0.8
20.7
32
Coriander
250g
12.75
17.84
17.84
11.40
14.93
15.07
0.0
0.9
18.4
-2.3
Spices
Milk & Milk Products

33
Dairy Milk
Lit.
23.00
25.00
25.00
25.20
25.20
25.60
0.0
1.6
34
Lactogen Refill Pack No.2
500g
227.50
227.50
227.50
213.20
212.00
213.60
0.0
0.8
6.5
35
Horlicks
500g
164.25
165.50
166.75
172.00
175.60
176.80
0.8
0.7
-5.7
36
Mutton
Kg.
215.00
228.33
228.33
192.00
214.67
206.67
0.0
-3.7
10.5
37
Chicken
Kg.
122.08
137.50
136.68
134.00
120.67
107.33
-0.6
-11.1
27.3
38
Fish (Rahu)
Kg.
95.83
109.58
107.50
84.00
102.00
98.67
-1.9
-3.3
9.0
39
Egg
Piece
4.52
4.13
4.13
2.98
2.26
2.28
0.0
1.0
80.7
40
Mustard Oil
Lit.
95.42
95.50
95.58
84.53
84.93
87.33
0.1
2.8
9.4
41
Vegetable Ghee
Lit.
49.75
56.84
58.67
68.67
73.60
74.13
3.2
0.7
-20.9
42
Soyabean Oil
Lit.
61.00
71.92
71.25
75.47
74.80
74.67
-0.9
-0.2
-4.6
43
Sunflower Oil
Lit.
90.50
92.25
92.58
104.53
110.22
109.69
0.4
-0.5
-15.6
44
Lundry Soap
Piece
9.00
9.00
9.00
8.60
8.60
8.60
0.0
0.0
4.7
45
Bath Soap (Lux)
Piece
17.00
17.00
17.00
20.80
20.80
20.80
0.0
0.0
-18.3
46
Urea
50Kg.
767.75
920.00
977.92
390.40
396.80
409.87
6.3
3.3
138.6
47
D.A.P.
50Kg.
1223.75
1263.33
1298.75
750.00
777.20
766.00
2.8
-1.4
69.5
48
Potas
50Kg.
680.00
685.00
683.33
353.60
349.33
348.80
-0.2
-0.2
95.9
Meat & Fish
Oil & Ghee
Soap
Chemical Fertilizers
Page 11 of 14
Nepal*
S.NO.
Discreption
Unit
Mid-Aug 05
Mid-Jul 06
India**
Mid-Aug 06 Mid-Aug 05
3
Mid-Jul 06
Mid-Aug 06
Percetage Change
3 Over 2
6 Over 5
3 Over 6
31.2
49
Cement (Indian)
50
Iron Rods (10 mm.)
50Kg.
343.99
406.67
408.89
261.60
313.60
311.60
0.5
-0.6
Kg.
41.64
46.14
46.49
38.70
39.08
38.68
0.8
-1.0
51
Corrugated Sheet (26 Gage)
20.2
Bundle
4902.92
4785.00
4880.83
4592.00
5394.00
5456.00
2.0
1.1
-10.5
52
Bricks (Big Size)
53
Timber 3''x4''x12' (Sal Tree)
Thou.
3393.75
3675.00
3729.17
3235.00
3253.33
3406.67
1.5
4.7
9.5
Cft.
1006.25
1110.42
1118.75
1110.67
1271.92
1233.25
0.8
-3.0
-9.3
54
Mason
Day
207.29
224.17
224.17
228.00
230.67
242.00
0.0
4.9
-7.4
55
Carpenter
Day
196.88
217.92
217.92
224.00
226.27
238.00
0.0
5.2
-8.4
56
Labourer (Male)
Day
99.58
116.67
122.08
116.00
132.00
142.00
4.6
7.6
-14.0
57
Labourer (Female)
Day
97.08
109.58
115.83
110.00
126.00
136.00
5.7
7.9
-14.8
6.1
Wages
Petroleium Products
58
Kerosene (Open)
Lit.
34.13
47.71
47.63
35.73
44.80
44.91
-0.2
0.2
59
Kerosene (Quota)
Lit.
0.00
0.00
0.00
17.40
17.80
17.90
0.0
0.6
0.0
60
Diesel
Lit.
41.00
52.39
52.39
50.39
56.86
56.90
0.0
0.1
-7.9
61
Petrol
62
L.P. Gas
Lit.
62.00
67.24
67.24
69.98
81.12
81.02
0.0
-0.1
-17.0
Cylinder
900.00
900.00
900.00
483.38
484.58
484.58
0.0
0.0
85.7
Other
63
Sugar
64
Tea (Red Label)
Kg.
35.00
37.47
37.13
31.60
33.73
33.60
-0.9
-0.4
10.5
250g
61.33
85.50
85.50
73.60
74.20
73.93
0.0
-0.4
15.6
65
Electricity Tariff
30 Ampiar
664.00
664.00
664.00
155.20
155.20
155.20
66
Telephone Tariff
Minimum
259.90
259.90
248.60
313.20
323.20
310.64
0.0
0.0
327.8
-4.3
-3.9
67
Drinking Water Tariff
Minimum
50.00
50.00
50.00
80.00
80.00
80.00
0.0
0.0
-20.0
-37.5
68
Postal Stamp (Registry)
Minimum
10.00
10.00
10.00
35.20
35.20
35.20
0.0
0.0
-71.6
69
Doctor Fee (Specialist)
Per Patient
206.25
210.42
210.42
198.00
218.00
208.00
0.0
-4.6
1.2
70
Chest X-Ray
Per X-Ray
120.00
126.25
126.25
148.00
152.00
150.67
0.0
-0.9
-16.2
Service Sector
* Average Prices of Biratnagar, Birganj,Sidhdharthanagar and Nepalganj.

** Average Prices of Purnia, Mujjaffurpur, Gorakhpur and Baharaich.
Page 12 of 14
Table -5.1

Kathmandu
Mid - August 2006
S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Name
Foodgrains
Rice Fine(Pokhreli)
Rice Mansuli(Terai )
Rice Mansuli (Trishuli )
Beaten Rice (Tikan)
Wheat Flour (Atta)
Bread
Pulses
Black Gram
Mung
Musuro
Chick Pea
Vegetables
Cabbage
Tomato
Beans Green
Red Potato
White Potato
Dried Onion
Fruits
Apple
Banana (Harichhal)
Spices
Salt
Cuminseed
Turmeric
Garlic
Milk & Milk Products
Dairy Milk
Lactogen
Oil and Ghee
Mustard Oil
Soybean Oil
Vegetable Ghee
Meat & Fish
Mutton
Fish( Rahu )
Soap
Bath Soap
Lundry Soap
Cement (Nepali -Everest )
Cement ( Indian - Buland )
Iron Rods ( Himal )
Corrugated Sheets ( Hulas )
Bricks (Big Size)
Timber 3"x4"x12'(Sal Tree )
Others
Sugar
Tea
Kerosene ( Open market )
Unit
July.23
July.31
Srawan 07 Srawan 15
1
2
August.07
Srawan 22
3
(Prices in Rupees)
August.15 Percentage Change
Srawan 30 Column 3 Column 4
4
Over 2
Over 3
Kg.
Kg.
Kg.
Kg.
Kg.
Pound
38.67
25.00
29.33
50.00
24.67
16.00
38.67
25.00
29.33
50.00
24.00
16.00
38.67
25.00
29.33
50.00
24.00
16.00
38.67
25.00
29.33
50.00
24.33
16.00
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
Kg.
Kg.
Kg.
Kg.
88.33
86.67
56.67
65.00
86.67
83.33
55.00
63.33
86.67
81.67
55.00
63.33
86.67
80.00
55.00
63.33
0.0
-2.0
0.0
0.0
0.0
-2.0
0.0
0.0
Kg.
Kg.
Kg.
Kg.
Kg.
Kg.
12.00
16.00
33.33
18.00
13.67
18.00
12.00
13.00
31.67
18.00
15.00
18.00
11.33
13.00
28.33
18.00
15.00
18.00
12.00
12.00
30.00
19.33
15.67
18.67
-5.6
0.0
-10.5
0.0
0.0
0.0
5.9
-7.7
5.9
7.4
4.5
3.7
Kg.
Doz.
70.00
25.00
76.67
30.00
73.33
30.00
73.33
30.00
-4.4
0.0
0.0
0.0
Kg.
200g.
200g.
200g.
10.00
34.67
18.00
12.33
10.00
34.67
18.00
13.00
10.00
34.67
18.00
12.00
10.00
35.33
18.00
12.00
0.0
0.0
0.0
-7.7
0.0
1.9
0.0
0.0
500 ml.
500g
13.00
243.33
13.00
243.33
13.00
243.33
13.00
243.33
0.0
0.0
0.0
0.0
Lit.
Lit.
Lit.
100.00
68.00
58.00
100.00
68.67
60.00
100.00
68.67
60.00
100.00
69.33
60.67
0.0
0.0
0.0
0.0
1.0
1.1
Kg.
Kg.
300.00
120.00
300.00
120.00
300.00
120.00
300.00
120.00
0.0
0.0
0.0
0.0
100g.
200g.
17.00
9.00
17.00
9.00
17.00
9.00
17.00
9.00
0.0
0.0
0.0
0.0
454.00
475.00
50.23
5310.00
3500.00
1250.00
454.00
485.00
51.36
5310.00
3500.00
1250.00
454.00
485.00
51.36
5310.00
3500.00
1250.00
454.00
485.00
51.36
5310.00
3500.00
1250.00
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
38.00
40.00
48.00
40.00
40.00
48.00
40.00
40.00
48.00
40.00
40.00
48.00
0.0
0.0
0.0
0.0
0.0
0.0
50Kg.
50Kg.
Kg.
Bundle
Thou.
C.F.
Kg.
200g.
Lit.
Table - 5.2

Terai*
Mid - August 2006
S.No.
Name
31
32
33
34
35
36
Foodgrains
Rice Fine (Basmati)
Rice Mansuli
Beaten Rice
Wheat Flour (Atta)
Local Bread
Pulses
Black Gram
Arahar
Musuro
Chick Pea
Vegetables
Cabbage
Local Tomato
Green Beans
Red Potato
White Potato
Dried Onion
Fruits
Apple (Delicious)
Banana (Harichhal)
Spices
Salt
Turmeric
Cuminseed
Dry Chilli
Dairy Milk (500 ml.)
Lactogen Refill Pack NO.2
Oil and Ghee
Mustard Oil
Soybean Oil
Vegetable Ghee
Meat and Fish
Mutton
Fish( Rahu )
Soap
Bath Soap
Lundry Soap
Cement ( Nepali )
Cement ( Indian )
Iron Rods
Corrugated Sheets
Bricks (Big Size)
Timber 3"x4"x12' ( Sal Tree)
37
38
39
Sugar
Tea Dust (Nepali)
Kerosene( open market )
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Unit
July.23
Srawan 07
1
July.31
Srawan 15
2
August.07
Srawan 22
3
(Prices in Rupees)
August.15 Percentage Change
Srawan 30 Column 3 Column 4
4
Over 2
Over 3
Kg.
Kg.
Kg.
Kg.
Pound
40.92
23.83
23.00
20.59
15.17
40.92
23.83
23.00
20.59
16.67
40.92
23.83
23.42
20.59
16.75
40.92
23.75
23.33
20.59
16.83
0.0
0.0
1.8
0.0
0.5
0.0
-0.3
-0.4
0.0
0.5
Kg.
Kg.
Kg.
Kg.
74.75
55.33
48.33
55.58
75.00
55.33
48.17
55.58
75.00
55.33
48.25
55.58
75.00
54.08
47.83
55.50
0.0
0.0
0.2
0.0
0.0
-2.3
-0.9
-0.1
Kg.
Kg.
Kg.
Kg.
Kg.
Kg.
17.25
21.00
37.33
17.67
16.09
15.92
18.17
19.00
40.00
18.42
16.50
15.92
17.67
18.50
40.00
18.75
16.50
15.92
16.67
22.00
37.33
18.75
17.33
16.42
-2.8
-2.6
0.0
1.8
0.0
0.0
-5.7
18.9
-6.7
0.0
5.0
3.1
Kg.
Doz.
82.08
20.83
84.58
22.17
82.08
22.50
82.08
22.83
-3.0
1.5
0.0
1.5
Kg.
250g.
250g.
250g.
10.00
22.25
41.42
29.67
10.00
22.25
41.25
29.67
10.00
22.25
41.25
29.67
10.00
22.42
42.08
29.67
0.0
0.0
0.0
0.0
0.0
0.8
2.0
0.0
Pound
500g
12.75
230.00
12.75
230.00
12.75
230.00
12.75
232.50
0.0
0.0
0.0
1.1
Lit.
Lit.
Lit.
94.00
70.00
58.67
94.00
70.00
59.67
94.11
70.00
59.67
94.11
70.00
60.17
0.1
0.0
0.0
0.0
0.0
0.8
Kg.
Kg.
228.33
110.42
228.33
107.50
228.33
107.50
228.33
107.08
0.0
0.0
0.0
-0.4
100g.
200g.
17.00
9.00
17.00
9.00
17.00
9.00
17.00
9.00
0.0
0.0
0.0
0.0
382.92
408.89
46.77
4870.83
3737.50
1122.92
381.67
408.89
47.37
4895.83
3737.50
1122.92
381.67
400.00
47.37
4905.83
3741.67
1122.92
381.67
418.33
47.81
4905.83
3741.67
1122.92
0.0
-2.2
0.0
0.2
0.1
0.0
0.0
4.6
0.9
0.0
0.0
0.0
37.17
20.25
47.63
36.83
20.50
47.63
36.83
20.50
47.58
36.75
20.50
47.54
0.0
0.0
-0.1
-0.2
0.0
-0.1
50Kg.
50Kg.
Kg.
Bundle
Thou.
C.F..
Others
Kg.
100g.
Lit.
*Average Prices of Biratnagar, Birgunj, Sidhdharthanagar and Nepalgunj.

Inflation Analysis and Price Situation - 2006-08 - Vol I No1 (Mid - August 2006)

Загружено:

Сведения о документе

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Inflation Analysis and Price Situation - 2006-08 - Vol I No1 (Mid - August 2006)

Загружено:

Авторское право:

Доступные форматы

2063 SHRAWAN (MID-AUGUST 2006)

NEPAL RASTRA BANK

Inflation Projection for 2063/64 (2006/07) in Nepal

Consumer Price Index (CPI)

INFLATION AND PRICE SITUATION : AT A GLANCE

INFLATION ANALYSIS AND PRICE SITUATION

* Projected for FY 2006/07

1. Inflation Projection for 2063/64 (2006/07)

Y-O-Y CPI Inflation

Food and Beverages

Non-food and Services

Indices of Food and Beverages Group

M i d-A ugus t 2006

Grains and Cereal Products

The year on year (y-o-y) consumer price inflation

Box 1: Inflation Analysis: Global Scenario

* Data for June 2006 ** Data for mid-August.

Indices of Non-food and Services group

(c) Non-food and Services Group

(d) Regional Indices

Regionw ise Consum er Price Indices

(e) Core CPI inflation

Box 2: Central Bank Responses to Inflationary Shock

(f) M-O-M CPI Inflation

M-O-M CPI Inflation

Food and Beverages

Non-food and Services

The overall price index in Mid-August, 2006

(a) Overall Index

Agricultural Commodities Domestic Manufactured

(b) Agricultural Commodities

Sub-group Indices of Agricultural Commodities

The y-o-y wholesale price inflation increased by 6.7

In the review period, the index of agricultural

Box 3: World Petroleum Production: Demand & Supply

Table 1: World Petroleum Production, Demand & Supply, 1995-2005

(Thousand Barrels per Day)

Table 3: The US and Brent Petroleum, 1995 - 2005

Figure 1. Price Trend of Oil Products

S ub - g r o up I nd i ces o f D o mest ic M anuf act ur ed

In the review period, the index of this group

Const ruct ion

Domestic Manufactured Commodities

Box 4: Petroleum Product Pricing in Nepal

Table 4: Periodic Price Trend of Petroleum Products in Nepal(Per Ltr / NRs.)(1994-2006)

% Change LPG Per Clnd % Change

Source: Nepal Rastra Bank, Research Department, Price Division.

Table 5 : Prices of Petroleum Products in Nepal (In US$)

with USD/ 1 NPR*

* : Source : Nepal Rastra Bank (Year end basis)

Table 6 : Percent Price Change in Petroleum Products (Nepal and India)

Source : Nepal Rastra Bank.

Figure 2 shows the similar trend of Nepalese

In the review period, the index of this group

(f) M-O-M WPI Inflation

M-O-M WPI Inflation

The overall wholesale price index on m-o-m basis in

M id-A ugust 2006

Box 5: Current Financial Situation of Nepal Oil Corporation

Table 7: NOC's Monthly Profit/Loss Calculation as at November 2006

Estimated Import/Sales as per FY 063/064 Projection

Depot Landed Cost, N.Rs./KL or Cyld in case of LPG