Inflation Russia 2012

Average inflation: 5.1%

Current Inflation

Inflation is very high at 5.1%, far above the ECB target.

Peak and Trough

The highest inflation was in September at 6.6%. The lowest inflation was in April at 3.6%.

Highest month
September: 6.6%
Lowest month
April: 3.6%
Difference
3.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 11.5%. The lowest price increase was in Communication with an average of 1.0%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 11.5%
Lowest increase
Communication: 1.0%

Historical Context

Current inflation is 4.2% lower than the 5-year average of 9.3%. This approaches the lowest level since records began (5.1% in 2012).

5-year average
9.3%
10-year average
10.2%
All-time high (1993)
839.2%
All-time low (2012)
5.1%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +3.4 percentage point.

Change vs. previous year
-3.4 percentage points
Largest monthly swing
April: -6.0 percentage points

ECB Target

Inflation is 3.1% 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 €105.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
3.3%
-1.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
11.5%
+6.4vs avg.
More details →
Clothing and footwear
5.8%
+0.7vs avg.
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Housing, water, electricity, gas and other fuels
5.0%
-0.1vs avg.
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Furnishings, household equipment and maintenance
5.2%
+0.1vs avg.
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Health
7.6%
+2.5vs avg.
More details →
Transport
5.5%
+0.4vs avg.
More details →
Communication
1.0%
-4.1vs avg.
More details →
Recreation and culture
3.5%
-1.6vs avg.
More details →
Education
9.1%
+4.0vs avg.
More details →
Restaurants and hotels
5.7%
+0.6vs avg.
More details →
Miscellaneous goods and services
7.1%
+2.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 4.2% -5.4
February 3.7% -5.8
March 3.7% -5.8
April 3.6% -6.0
May 3.6% -6.0
June 4.3% -5.1
July 5.6% -3.4
August 6.0% -2.2
September 6.6% -0.6
October 6.6% -0.6
November 6.5% -0.3
December 6.6% +0.5
Average 5.1%

Data source

Data from OECD. Last updated: 13/01/2026.

See also