Inflation Russia 2006

Average inflation: 9.7%

Current Inflation

Inflation is very high at 9.7%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 11.2%. The lowest inflation was in June at 9.0%.

Highest month
February: 11.2%
Lowest month
June: 9.0%
Difference
2.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.9% lower than the 5-year average of 12.6%. This approaches the lowest level since records began (9.7% in 2006).

5-year average
12.6%
10-year average
14.1%
All-time high (2001)
21.6%
All-time low (2006)
9.7%

Trend

Inflation shows a downward trend. Compared to 2005, inflation has fallen by +3.0 percentage point.

Change vs. previous year
-3.0 percentage points
Largest monthly swing
June: -4.7 percentage points

ECB Target

Inflation is 7.7% 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 €109.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2006

Month overview

Month Inflation Difference vs. 2005
January 10.7% -2.0
February 11.2% -1.8
March 10.6% -3.0
April 9.8% -4.0
May 9.4% -4.4
June 9.0% -4.7
July 9.3% -3.9
August 9.6% -2.9
September 9.4% -2.9
October 9.1% -2.6
November 9.0% -2.3
December 9.0% -1.9
Average 9.7%

Data source

Data from OECD. Last updated: 24/11/2025.

See also