Inflation India 2017
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.0%. The lowest inflation was in May at 1.1%.
- Highest month
- November: 4.0%
- Lowest month
- May: 1.1%
- 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 6.6%. The lowest price increase was in Communication with an average of 0.6%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 6.6%
- Lowest increase
- Communication: 0.6%
Historical Context
Current inflation is 3.6% lower than the 5-year average of 6.1%. This approaches the lowest level since records began (2.5% in 2017).
- 5-year average
- 6.1%
- 10-year average
- 8%
- All-time high (2010)
- 12.1%
- All-time low (2017)
- 2.5%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +2.5 percentage point.
- Change vs. previous year
- -2.5 percentage points
- Largest monthly swing
- May: -5.5 percentage points
ECB Target
Inflation is 0.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 1.9% | -4.0 |
| February | 2.6% | -2.9 |
| March | 2.6% | -2.9 |
| April | 2.2% | -3.7 |
| May | 1.1% | -5.5 |
| June | 1.1% | -5.0 |
| July | 1.8% | -4.7 |
| August | 2.5% | -2.8 |
| September | 2.9% | -1.2 |
| October | 3.2% | -0.1 |
| November | 4.0% | +1.4 |
| December | 4.0% | +1.8 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 11/01/2026.