Nepal LPG Price Update: The direct impact of Iran war and Hormuz tension is being seen the most not only on India but also on India’s neighboring country Nepal. Where, rapidly increasing inflation in Nepal has started hitting the pockets of the common people. Meanwhile, according to some reports, within the last three months in Nepal, a record increase of 60 percent in diesel prices and 28 percent increase in petrol prices has been recorded.

Budget spoiled in every house of Nepal

In fact, due to the sharp rise in fuel prices due to the war, the budget of every household in Nepal seems to be completely deteriorating. Whereas, a huge increase of 11.5 percent has been seen in the prices of LPG which is used for daily use. Apart from this, now people are most worried about how they will run their house?

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Increase in freight cost recorded

Not only this, the biggest impact of rising cost of fuel is also being seen on the country’s transportation system. Where, the fare of public vehicles used by the general public has been increased by 20 percent. Due to which people are facing many problems in the cost of sending goods from one place to another within the country.

However, the direct effect of cost of freight transportation is now being seen in people’s kitchens. Giving information about this, retail traders said that due to increase in transportation expenses, the prices of fruits, vegetables, pulses and other essential food items are changing rapidly every week, due to which people have reduced their purchases.

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Impact on the pockets of the general public

The situation in Nepal is very worrying at present. On one hand, people’s pockets are being hit the hardest, while on the other hand, all food items are becoming increasingly expensive. Regarding which some experts said that if global crude oil prices do not improve soon, then the inflation situation in Nepal will get worse in the coming days.