inflation
UK Inflation Plunges to 2.3% in April
UK inflation rate, consumer prices index, Bank of England interest rates, inflation target, cost of living crisis, wage growth, services inflation, UK economy, Conservative Party, general election. London – Inflation in the United Kingdom fell sharply to its lowest level in nearly three years, clocking in at 2.3% in April, according to figures released by […]
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Nepal’s Inflation Cools with Mixed Regional Trends
Nepal’s consumer price inflation exhibited a mixed trend across various regions, according to the latest data. While the Kathmandu Valley and Terai regions experienced a moderation in inflation rates, the Hilly region witnessed a notable increase. The year-on-year consumer price inflation in the Kathmandu Valley stood at 4.06 percent, a significant drop from 8.57 percent […]
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IMF Upgrades Global Economic Outlook: Soft Landing Ahead
The International Monetary Fund (IMF) has revised its global economic forecast, painting a picture of a “soft landing” for the world economy. Anticipating steady if modest growth, the IMF now projects a 3.2% expansion worldwide for the current year, matching the pace of 2023, with a similar growth outlook for 2025. Key to this outlook […]
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Electric Vehicle (EV) Sales in Nepal in Rise
The surge in gasoline prices has become a catalyst for the remarkable growth of electric vehicles (EVs) in Nepal’s market. Despite the recent decline in fuel prices, EVs continue to gain popularity and market share in the country. Among the EV models capturing significant attention is the Tata Nexon EV, regarded as a major attraction […]
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