Inflation India 2008
Average inflation: 8.3%
Current Inflation
Inflation is very high at 8.3%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 10.4%. The lowest inflation was in January at 5.5%.
- Highest month
- October: 10.4%
- Lowest month
- January: 5.5%
- Difference
- 4.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.6% higher than the 5-year average of 5.7%. This approaches the highest level since records began (8.3% in 2008).
- 5-year average
- 5.7%
- 10-year average
- 5.4%
- All-time high (2008)
- 8.3%
- All-time low (2004)
- 3.8%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.9 percentage point.
- Change vs. previous year
- +1.9 percentage points
- Largest monthly swing
- October: +4.9 percentage points
ECB Target
Inflation is 6.3% 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 €108.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 5.5% | -1.2 |
| February | 5.5% | -2.1 |
| March | 7.9% | +1.2 |
| April | 7.8% | +1.1 |
| May | 7.8% | +1.2 |
| June | 7.7% | +2.0 |
| July | 8.3% | +1.8 |
| August | 9.0% | +1.7 |
| September | 9.8% | +3.4 |
| October | 10.4% | +4.9 |
| November | 10.4% | +4.9 |
| December | 9.7% | +4.2 |
| Average | 8.3% |
Data source
Data from OECD. Last updated: 20/12/2025.