Historical Overview of Inflation in Nepal
The price level and its growth, inflation, is an important
economic indicator. There are various indices which measure the price level,
such as; consumer price index (CPI): wholesale price index (WPI); sensitive
price index (SPI); gross domestic product (GDP) deflator and so on. In Nepal,
there are three main price indices, namely: the CPI; the WPI; and the Salary
and Wage Rate Index (SWRI). 4 The main focus for measuring the cost of living
is placed on CPI. This is because CPI measures inflation impact...
