Inflation Russia 1994
Average inflation: 412.7%
Current Inflation
Inflation is very high at 412.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 781.0%. The lowest inflation was in November at 204.4%.
- Highest month
- January: 781.0%
- Lowest month
- November: 204.4%
- Difference
- 576.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 213.3% lower than the 5-year average of 626.0%. This approaches the lowest level since records began (412.7% in 1994).
- 5-year average
- 626%
- 10-year average
- 626%
- All-time high (1993)
- 839.2%
- All-time low (1994)
- 412.7%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +426.5 percentage point.
- Change vs. previous year
- -426.5 percentage points
- Largest monthly swing
- September: -844.4 percentage points
ECB Target
Inflation is 410.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €512.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 781.0% | -69.5 |
| February | 682.9% | -76.0 |
| March | 600.2% | -93.9 |
| April | 540.0% | -134.5 |
| May | 479.3% | -238.1 |
| June | 412.2% | -310.7 |
| July | 340.7% | -470.0 |
| August | 266.0% | -690.6 |
| September | 221.2% | -844.4 |
| October | 209.1% | -824.2 |
| November | 204.4% | -741.7 |
| December | 215.0% | -625.0 |
| Average | 412.7% |
Data source
Data from OECD. Last updated: 24/11/2025.