Inflation Russia 1996
Average inflation: 52.9%
Current Inflation
Inflation is very high at 52.9%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 104.5%. The lowest inflation was in December at 21.8%.
- Highest month
- January: 104.5%
- Lowest month
- December: 21.8%
- Difference
- 82.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 324.5% lower than the 5-year average of 377.4%. This approaches the lowest level since records began (52.9% in 1996).
- 5-year average
- 377.4%
- 10-year average
- 377.4%
- All-time high (1993)
- 839.2%
- All-time low (1996)
- 52.9%
Trend
Inflation shows a downward trend. Compared to 1995, inflation has fallen by +152.0 percentage point.
- Change vs. previous year
- -152.0 percentage points
- Largest monthly swing
- August: -187.6 percentage points
ECB Target
Inflation is 50.9% 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 €152.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 104.5% | -110.2 |
| February | 89.3% | -125.9 |
| March | 78.7% | -141.0 |
| April | 68.3% | -151.4 |
| May | 58.4% | -164.3 |
| June | 50.2% | -174.5 |
| July | 43.6% | -181.3 |
| August | 37.1% | -187.6 |
| September | 31.6% | -182.6 |
| October | 27.2% | -158.9 |
| November | 23.9% | -137.1 |
| December | 21.8% | -109.5 |
| Average | 52.9% |
Data source
Data from OECD. Last updated: 24/11/2025.