Historical Year Data · 2008

India CPI Index in 2008

India CPI Index opened 2008 at 51.26 and closed at 56.23, a +9.70% move for the year. The high of 56.61 was reached on October 1, and the low of 51.26 on January 1.

Open

51.26

2008-01

56.23

12 data points

High

56.61

Oct 1

Low

51.26

Jan 1

Full Year Change

+9.70%

2007 Change

+1.52%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	51.26	51.26	51.26	51.26	+0.00%
Feb	51.64	51.64	51.64	51.64	+0.00%
Mar	52.41	52.41	52.41	52.41	+0.00%
Apr	52.79	52.79	52.79	52.79	+0.00%
May	53.17	53.17	53.17	53.17	+0.00%
Jun	53.55	53.55	53.55	53.55	+0.00%
Jul	54.70	54.70	54.70	54.70	+0.00%
Aug	55.47	55.47	55.47	55.47	+0.00%
Sep	55.85	55.85	55.85	55.85	+0.00%
Oct	56.61	56.61	56.61	56.61	+0.00%
Nov	56.61	56.61	56.61	56.61	+0.00%
Dec	56.23	56.23	56.23	56.23	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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