Inflation Nepal 2022
Average inflation: 7.6%
Current Inflation
Inflation is very high at 7.6%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 8.6%. The lowest inflation was in January at 5.6%.
- Highest month
- June: 8.6%
- Lowest month
- January: 5.6%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 7.0%. The lowest price increase was in Food with an average of 7.0%.
- Highest increase
- Energy: 7.0%
- Lowest increase
- Food: 7.0%
Historical Context
Current inflation is 2.3% higher than the 5-year average of 5.3%. This approaches the highest level since records began (7.6% in 2022).
- 5-year average
- 5.3%
- 10-year average
- 5%
- All-time high (2022)
- 7.6%
- All-time low (2017)
- 3.7%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.5 percentage point.
- Change vs. previous year
- +3.5 percentage points
- Largest monthly swing
- September: +5.1 percentage points
ECB Target
Inflation is 5.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 5.6% | +2.0 |
| February | 6.2% | +3.5 |
| March | 7.1% | +4.1 |
| April | 7.3% | +4.2 |
| May | 7.9% | +4.3 |
| June | 8.6% | +4.4 |
| July | 8.1% | +3.9 |
| August | 8.3% | +3.9 |
| September | 8.6% | +5.1 |
| October | 8.5% | +4.3 |
| November | 8.1% | +2.1 |
| December | 7.4% | +0.3 |
| Average | 7.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.