4.15× price rise
Average India inflation: 8.73% a year over 17 years. Prices first doubled by 1980. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1971 | in 1988 | 1988 amount in 1971 money |
|---|---|---|
| ₹1 | ₹4.15 | ₹0.24 |
| ₹10 | ₹41.50 | ₹2.41 |
| ₹100 | ₹414.97 | ₹24.10 |
| ₹1,000 | ₹4,149.68 | ₹240.98 |
| ₹10,000 | ₹41,496.81 | ₹2,409.82 |
| ₹100,000 | ₹414,968.13 | ₹24,098.24 |
| Year | Value | Inflation |
|---|---|---|
| 1971 | ₹100.00 | |
| 1972 | ₹106.44 | 6.4% |
| 1973 | ₹124.47 | 16.9% |
| 1974 | ₹160.07 | 28.6% |
| 1975 | ₹169.27 | 5.7% |
| 1976 | ₹156.35 | -7.6% |
| 1977 | ₹169.34 | 8.3% |
| 1978 | ₹173.61 | 2.5% |
| 1979 | ₹184.51 | 6.3% |
| 1980 | ₹205.44 | 11.3% |
| 1981 | ₹232.38 | 13.1% |
| 1982 | ₹250.72 | 7.9% |
| 1983 | ₹280.47 | 11.9% |
| 1984 | ₹303.81 | 8.3% |
| 1985 | ₹320.69 | 5.6% |
| 1986 | ₹348.68 | 8.7% |
| 1987 | ₹379.37 | 8.8% |
| 1988 | ₹414.97 | 9.4% |
1971–1987 · 1971–1989 · All years
₹100 in 1971 had about the same buying power as ₹414.97 in 1988, based on India consumer price index data.
About 8.73% per year, compounding to a 315.0% total rise in prices over 17 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).