Inflation Russia 1999
Average inflation: 92.7%
Current Inflation
Inflation is very high at 92.7%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 126.5%. The lowest inflation was in December at 36.6%.
- Highest month
- July: 126.5%
- Lowest month
- December: 36.6%
- Difference
- 89.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 14.2% higher than the 5-year average of 78.5%.
- 5-year average
- 78.5%
- 10-year average
- 234.9%
- All-time high (1993)
- 839.2%
- All-time low (1997)
- 14.8%
Trend
Inflation shows an upward trend. Compared to 1998, inflation has risen by +65.4 percentage point.
- Change vs. previous year
- +65.4 percentage points
- Largest monthly swing
- July: +120.9 percentage points
ECB Target
Inflation is 90.7% 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 €192.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 96.9% | +86.8 |
| February | 103.2% | +93.8 |
| March | 107.6% | +99.0 |
| April | 113.1% | +105.1 |
| May | 116.7% | +109.2 |
| June | 120.7% | +114.3 |
| July | 126.5% | +120.9 |
| August | 121.0% | +111.4 |
| September | 62.0% | +9.8 |
| October | 57.1% | -1.7 |
| November | 50.5% | -16.3 |
| December | 36.6% | -47.8 |
| Average | 92.7% |
Data source
Data from OECD. Last updated: 24/11/2025.