Nepal inflation rate for 2023 was 7.11%, a 0.54% decline from 2022.
Nepal inflation rate for 2022 was 7.65%, a 3.5% increase from 2021.
Nepal inflation rate for 2021 was 4.15%, a 0.9% decline from 2020.
Nepal inflation rate for 2020 was 5.05%, a 0.52% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.