Inflation Russia 1997
Average inflation: 14.8%
Current Inflation
Inflation is very high at 14.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 19.7%. The lowest inflation was in December at 11.0%.
- Highest month
- January: 19.7%
- Lowest month
- December: 11.0%
- Difference
- 8.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 290.1% lower than the 5-year average of 304.9%. This approaches the lowest level since records began (14.8% in 1997).
- 5-year average
- 304.9%
- 10-year average
- 304.9%
- All-time high (1993)
- 839.2%
- All-time low (1997)
- 14.8%
Trend
Inflation shows a downward trend. Compared to 1996, inflation has fallen by +38.1 percentage point.
- Change vs. previous year
- -38.1 percentage points
- Largest monthly swing
- January: -84.8 percentage points
ECB Target
Inflation is 12.8% 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 €114.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 19.7% | -84.8 |
| February | 18.3% | -71.0 |
| March | 16.7% | -62.0 |
| April | 15.3% | -53.0 |
| May | 14.6% | -43.8 |
| June | 14.5% | -35.7 |
| July | 14.7% | -28.9 |
| August | 14.8% | -22.3 |
| September | 14.1% | -17.5 |
| October | 12.9% | -14.3 |
| November | 11.5% | -12.4 |
| December | 11.0% | -10.8 |
| Average | 14.8% |
Data source
Data from OECD. Last updated: 24/11/2025.