1.61× price rise
Average India inflation: 8.28% a year over 6 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1970 | in 1976 | 1976 amount in 1970 money |
|---|---|---|
| ₹1 | ₹1.61 | ₹0.62 |
| ₹10 | ₹16.12 | ₹6.20 |
| ₹100 | ₹161.17 | ₹62.05 |
| ₹1,000 | ₹1,611.67 | ₹620.47 |
| ₹10,000 | ₹16,116.72 | ₹6,204.74 |
| ₹100,000 | ₹161,167.21 | ₹62,047.36 |
| Year | Value | Inflation |
|---|---|---|
| 1970 | ₹100.00 | |
| 1971 | ₹103.08 | 3.1% |
| 1972 | ₹109.72 | 6.4% |
| 1973 | ₹128.31 | 16.9% |
| 1974 | ₹165.00 | 28.6% |
| 1975 | ₹174.49 | 5.7% |
| 1976 | ₹161.17 | -7.6% |
1970–1975 · 1970–1977 · All years
₹100 in 1970 had about the same buying power as ₹161.17 in 1976, based on India consumer price index data.
About 8.28% per year, compounding to a 61.2% total rise in prices over 6 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).