Situation report on Nepal’s agrifood systems: May 2023

In April 2023, Nepal experienced high prices for both food and non-food items. The inflation rate for food and beverage prices on a year-on-year basis stood at 6.9 percent. Although this is lower than the 7.4 percent recorded in March and April 2022, it still signifies a considerable rise in the cost of food from its already elevated levels.