Nepal Inflation Rate — 2026 CPI Data, Trend & Outlook
Nepal's inflation rate was 2.65% in December 2025, down from 4.69% the previous year. A year earlier it stood at 4.69%.
Nepal's inflation rate stands at 2.65% as of December 2025. Over the latest readings, the inflation rate has moved within a band of -3.11% to 19.81%. The most recent figure of 2.65% is down from 4.69% a year earlier, and is 2.03% lower than a year ago.
The trend
Among the 193 economies tracked on this platform, Nepal ranks #112 on inflation rate by latest value. It fell from 4.69% in the previous year, and compares with a year-earlier 4.69%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| Dec 2025 | 2.65% |
| Dec 2024 | 4.69% |
| Dec 2023 | 7.12% |
| Dec 2022 | 7.67% |
| Dec 2021 | 4.13% |
| Dec 2020 | 5.06% |
| Dec 2019 | 5.57% |
| Dec 2018 | 4.41% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Nepal Right Now (2026)?
Nepal's inflation rate was 2.65% in December 2025, down from 4.69% the previous year. A year earlier it stood at 4.69%.
Is the inflation rate rising or falling in Nepal?
It fell in the latest reading — 2.65% in December 2025 versus 4.69% a year earlier. Year on year it is lower.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).