Current inflation नेपाल 3.6%
July 2024
Current Inflation
Inflation is high at 4.6%, well above the ECB target.
Historical Context
Current inflation is 1.1% lower than the 5-year average of 5.7%.
- 5-year average
- 5.7%
- 10-year average
- 5.9%
- All-time high (2009)
- 11.2%
- All-time low (2006)
- 0%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +2.5 percentage point.
ECB Target
Inflation is 2.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.60 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 4.6%
- Last year
- 7.1%
- 5-year average
- 4.6%
- All-time high (2009)
- 11.2%