Prices swell in Nepal as economy bounces back

Until two years ago, you could buy a 50 kg bag of ordinary Portland cement for Rs650

Jan 06, 2021
Image
A

Until two years ago, you could buy a 50 kg bag of ordinary Portland cement for Rs650. Today, it costs Rs700. The price of Portland Pozzolana cement too has risen from Rs550 to Rs650 per bag. Other building materials like iron rods have also become dearer, up from Rs75 to Rs95 per kg.

Food products like edible oil and rice have become more expensive. Along with the price of manufactured goods, freight charges have gone up due to a shortage of truckers.

Cement and iron and steel factories say they have had to increase prices because of the higher costs of industrial raw materials. Transport entrepreneurs claim that the fare has gone up due to a sudden increase in production and market demand.

https://tkpo.st/3944cIL

Post a Comment

The content of this field is kept private and will not be shown publicly.