The year-on-year consumer price inflation stood at 2.77 percent in mid-May 2025 compared to 4.40 percent a year ago, Nepal Rastra Bank (NRB) stated in its report 'Current Macroeconomic and Financial Situation of Nepal (Based on Ten Months Data Ending Mid-May 2024/25)' today.  

Similarly, food and beverage inflation stood at 1.52 percent whereas nonfood and service inflation stood at 3.45 percent in the review month. During the same period in the previous year, the price indices of these groups had increased 6.41 percent and 3.09 percent, respectively.

During the review month, the year-on-year price index in rural areas increased 3.21 percent, while in urban areas, it rose 2.61 percent.

Based on provinces, in the review month, the year-on-year consumer price inflation in Koshi Province is 4.29 percent, Madhesh Province 2.81 percent, Bagmati Province 2.40 percent, Gandaki Province 2.23 percent, Lumbini Province 2.15 percent, Karnali Province 2.21 percent, and Sudurpashchim Province 3.14 percent.

In the review month, the year-on-year consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 2.64 percent, 2.64 percent, 2.65 percent and 4.01 percent respectively.

The year-on-year wholesale price inflation stood at 3.95 percent in mid-May 2025 compared to 5.68 percent a year ago. 

The year-on-year  wholesale price of consumption goods increased 10.89 percent while intermediate goods and capital goods increased 0.10 percent and 2.73 percent respectively.

The year-on-year  wholesale price of construction material increased 2.67 percent in the review month, the report stated.