The Wage Rate Index increased by 0.6% or 0.7 point to reach 112.0 in third quarter 2023 from 111.3 in second quarter 2023. Compared to third quarter 2022, the index increased by 6.0% or 6.3 points. The Wage Rate Index for the General Government sector, which accounts for around 34% of the total weight of
KATHMANDU, Nov 15: The year-on-year (y-o-y) consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 10.23 percent, 5.66 percent, 7.38 percent and 10.24 percent respectively, the Nepal Rastra Bank (NRB) stated in its Current Macroeconomic and Financial Situation of Nepal Report based on three months data ending Mid-October, 2023/24.
The Wage Rate Index increased by 0.5% or 0.5 point to reach 111.2 in second quarter 2023 from 110.7 in first quarter 2023. Compared to second quarter 2022, the index increased by 7.2% or 7.5 points. The Wage Rate Index for the General Government sector, which accounts for around 34% of the total weight of