Plant litter decomposition is a key ecosystem process in carbon and nutrient cycling, and is heavily affected by changing climate. While the direct effects of drought on decomposition are widely studied, in order to better predict the overall drought effect, indirect effects associated with various drought-induced changes in ecosystems should also be quantified. We studied the effect of an extreme (5-month) experimental drought on decomposition, and if this effect varies with two dominant perennial grasses, plant parts (leaves vs. roots), and soil depths (0-5 cm vs. 10-15 cm) in a semiarid temperate grassland. After 12 months, the average litter mass loss was 43.5% in the control plots, while only 25.7% in the drought plots. Overall, mass loss was greater for leaves (44.3%) compared to roots (24.9%), and for Festuca vaginata (38.6%) compared to Stipa borysthenica (30.5%). This variation was consistent with the observed differences in nitrogen and lignin content between plant parts and species. Mass loss was greater for deep soil (42.8%) than for shallow soil (26.4%). Collectively, these differences in decomposition between the two species, plant parts, and soil depths were similar in magnitude to direct drought effect. Drought induces multiple changes in ecosystems, and our results highlight that these changes may in turn modify decomposition. We conclude that for a reliable estimate of decomposition rates in an altered climate, not only direct but also indirect climatic effects should be considered, such as those arising from changing species dominance, root-to-shoot ratio, and rooting depth.