Inflation India 2021
Average inflation: 4.9%
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 5.7%. The lowest inflation was in January at 3.2%.
- Highest month
- March: 5.7%
- Lowest month
- January: 3.2%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 5.1%.
- 5-year average
- 5.1%
- 10-year average
- 6.3%
- All-time high (2010)
- 12.1%
- All-time low (2017)
- 2.5%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: -4.3 percentage points
ECB Target
Inflation is 2.9% 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 €104.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 3.2% | -4.3 |
| February | 4.5% | -2.3 |
| March | 5.7% | +0.2 |
| April | 5.1% | -0.3 |
| May | 5.3% | +0.2 |
| June | 5.6% | +0.5 |
| July | 5.3% | 0.0 |
| August | 4.8% | -0.8 |
| September | 4.4% | -1.2 |
| October | 4.5% | -1.4 |
| November | 4.8% | -0.5 |
| December | 5.6% | +1.9 |
| Average | 4.9% |
Data source
Data from OECD. Last updated: 20/12/2025.