Inflation India 2026

Average inflation: 4.0%

Current Inflation

Inflation is high at 4.0%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 4.3%. The lowest inflation was in January at 3.8%.

Highest month
March: 4.3%
Lowest month
January: 3.8%
Difference
0.5 percentage points
Months with data
3 of 12

Historical Context

Current inflation is around the 5-year average of 4.4%.

5-year average
4.4%
10-year average
4.8%
All-time high (2010)
12.1%
All-time low (2017)
2.5%

Trend

Inflation has remained relatively stable. Compared to 2025, the difference is minimal (+1.2 percentage point).

Change vs. previous year
+1.2 percentage points
Largest monthly swing
February: +1.4 percentage points

ECB Target

Inflation is 2.0% 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 €104.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2026

Month overview

Month Inflation Difference vs. 2025
January 3.8% +0.7
February 4.0% +1.4
March 4.3% +1.3
Average 4.0%

Data source

Data from OECD. Last updated: 02/05/2026.Not all months available yet.

See also