Inflation nearly 8%
According to Nepal Rastra Bank's new report, consumer inflation for FY 2079/80 is at 7.74%, surpassing the previous year's 6.32% and the target set by monetary policy at 7%. Sector-wise, transport saw a hike of 13.50%, entertainment 10.18%, health 10.01%, education 8.79% and household goods 8.65%. Kathmandu recorded an overall hike of 7.55%, Tarai 8%, hills 7.56% and the mountains 7.12%.