Nepal's Annual Point-to-Point Consumer Inflation Drops to 3.25% in Magh, Data Shows

Kathmandu. According to data released by Nepal Rastra Bank, the annual point-to-point consumer inflation dropped to 3.25 percent in the month of Magh of the fiscal year 2082. This is significantly lower than the 4.16 percent recorded in the same month last year, indicating a general decrease in price hikes.

During this period, food and beverage group inflation stood at 2.50 percent, compared to 4.95 percent in the previous year. Inflation for the non-food and services group was 3.66 percent, slightly lower than the 3.74 percent recorded in the previous year.

The average inflation for the first seven months of the fiscal year 2082/83 was 1.92 percent, whereas the average inflation for the same period last year was 4.86 percent. This shows that overall price increases have been under control in the current fiscal year.

In the month of Magh, within the food and beverage group, the annual point-to-point consumer price index for the vegetable sub-group increased by 11.63 percent, ghee and oil by 7.61 percent, and fruits by 7.41 percent. However, the prices for the pulses and legumes sub-group decreased by 5.19 percent, food and edible items by 2.97 percent, and spices by 2.61 percent.

In the non-food and services group, the price index for miscellaneous goods and services increased by 21.98 percent, education by 7.46 percent, clothing and footwear by 5.28 percent, tobacco products by 4.15 percent, and alcoholic beverages by 3.85 percent. In this group, the price for the communication sub-group decreased by 0.08 percent.

During the review month, the annual point-to-point consumer price index in rural areas increased by 2.52 percent, while the price index in urban areas increased by 3.51 percent.

By province, Madhesh Province recorded the highest inflation at 5.14 percent. Koshi Province had 3.53 percent, Bagmati Province 3.10 percent, Gandaki Province 2.42 percent, Lumbini Province 3.29 percent, Karnali Province 1.62 percent, and Sudurpaschim Province 1.64 percent inflation.

According to geographical areas, the annual point-to-point consumer inflation in the Kathmandu Valley was 3.48 percent, Terai 3.66 percent, Hilly region 2.68 percent, and Mountain region 2.58 percent.

Furthermore, the annual point-to-point wholesale inflation in Magh 2082 stood at 6.21 percent, which is higher than the 3.47 percent recorded in the same month last year. Wholesale inflation for consumable goods was 0.72 percent, while intermediate goods increased by 9.83 percent and capital goods by 3.21 percent. The wholesale price index for construction materials increased by 2.04 percent.

In January 2026, India's annual point-to-point consumer inflation was 2.75 percent, while Nepal's inflation for the same period was 3.25 percent. This indicates that price increases in Nepal are slightly higher compared to India.