Inflation Russia 2011

Average inflation: 8.5%

Current Inflation

Inflation is very high at 8.5%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 9.6%. The lowest inflation was in December at 6.1%.

Highest month
January: 9.6%
Lowest month
December: 6.1%
Difference
3.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 11.0%. The lowest price increase was in Communication with an average of 1.2%.

Highest increase
Food and non-alcoholic beverages: 11.0%
Lowest increase
Communication: 1.2%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 10.0%.

5-year average
10%
10-year average
11.3%
All-time high (1993)
839.2%
All-time low (2010)
6.9%

Trend

Inflation shows a downward trend. Compared to 2010, inflation has fallen by +1.6 percentage point.

Change vs. previous year
+1.6 percentage points
Largest monthly swing
June: +3.7 percentage points

ECB Target

Inflation is 6.5% 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 €108.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
11.0%
+2.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
9.2%
+0.7vs avg.
More details →
Clothing and footwear
7.1%
-1.4vs avg.
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Housing, water, electricity, gas and other fuels
10.9%
+2.4vs avg.
More details →
Furnishings, household equipment and maintenance
5.0%
-3.5vs avg.
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Health
6.7%
-1.8vs avg.
More details →
Transport
8.1%
-0.4vs avg.
More details →
Communication
1.2%
-7.3vs avg.
More details →
Recreation and culture
3.9%
-4.6vs avg.
More details →
Education
6.1%
-2.4vs avg.
More details →
Restaurants and hotels
8.9%
+0.4vs avg.
More details →
Miscellaneous goods and services
7.6%
-0.9vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 9.6% +1.6
February 9.5% +2.3
March 9.5% +3.0
April 9.6% +3.6
May 9.6% +3.6
June 9.4% +3.7
July 9.0% +3.5
August 8.2% +2.2
September 7.2% +0.2
October 7.2% -0.3
November 6.8% -1.3
December 6.1% -2.7
Average 8.5%

Data source

Data from OECD. Last updated: 11/01/2026.

See also