Inflation India 2015

Average inflation: 5.9%

Inflation in 2015

Inflation is very high at 5.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 7.2%. The lowest inflation was in August at 4.3%.

Highest month
January: 7.2%
Lowest month
August: 4.3%
Difference
2.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 9.3%. The lowest price increase was in Transport with an average of -1.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 9.3%
Lowest increase
Transport: -1.3%

Historical Context

Inflation is 2.4 percentage points lower than the 5-year average of 8.3%.

5-year average
8.3%
10-year average
8.5%
All-time high (2010)
12.1%
All-time low (2004)
3.8%

Trend

Over the period 2013-2015, inflation shows a downward trend. Compared to 2014, inflation has fallen by 0.5 percentage points.

Change vs. previous year
-0.5 percentage points
Largest monthly swing
July: -2.8 percentage points

ECB Target

Inflation is 3.9 percentage points 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 ₹105.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
5.0%
-0.9 vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
9.3%
+3.4 vs avg.
More details →
Clothing and footwear
6.0%
+0.1 vs avg.
More details →
Housing, water, electricity, gas and other fuels
5.0%
-0.9 vs avg.
More details →
Furnishings, household equipment and maintenance
5.4%
-0.5 vs avg.
More details →
Health
5.2%
-0.7 vs avg.
More details →
Transport
-1.3%
-7.2 vs avg.
More details →
Communication
2.4%
-3.5 vs avg.
More details →
Recreation and culture
4.8%
-1.1 vs avg.
More details →
Education
7.0%
+1.1 vs avg.
More details →
Restaurants and hotels
7.3%
+1.4 vs avg.
More details →
Miscellaneous goods and services
3.0%
-2.9 vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2014
January 7.2% 0.0
February 6.3% -0.4
March 6.3% -0.4
April 5.8% -1.3
May 5.7% -1.3
June 6.1% -0.4
July 4.4% -2.8
August 4.3% -2.5
September 5.1% -1.2
October 6.3% +1.3
November 6.7% +2.6
December 6.3% +0.4
Average 5.9%

Data source

Data from OECD. Last updated: 13/01/2026.

See also