Hi,

I want to know the inflation rate for India from 1990 - 2014. I have tried inflation rate calculator (https://www.easycalculation.com/finance/inflation-rate.php) for this. I got answer but want to to confirm the result. I got inflation rate in India (1990 to 2014) for my earning 1,25,000 p.a is 80.72 %.. Can anyone help me on this...

Thanks

The average CPI for 1990 was 22.9 (http://data.worldbank.org/indicator/FP.CPI.TOTL?page=4), while for 2014 the December report has not been released. We can get a running average for 2014, minus December which will be close. (Data from http://cyberjournalist.org.in/manisana/aicpinew.html)

\frac{1097 + 1102 + 1107 + 1120 + 1130 + 1139 + 1167 + 1171 + 1171 + 1171 + 1171}{11} = 1140.5

Adjusted to the same scale that the 1990 information was pulled (ie. 2010 = 100)

\frac{1140.5}{8.15} = 139.9

To calculate inflation we simply find the difference and divide that by the year in question and multiply by 100.

100 x \frac{139.9 - 22.9}{22.9} = 510.92%