Inflation Russia 2014
Average inflation: 7.8%
Current Inflation
Inflation is very high at 7.8%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 11.4%. The lowest inflation was in January at 6.0%.
- Highest month
- December: 11.4%
- Lowest month
- January: 6.0%
- Difference
- 5.4 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 14.8%. The lowest price increase was in Communication with an average of 0.5%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 14.8%
- Lowest increase
- Communication: 0.5%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 7.0%.
- 5-year average
- 7%
- 10-year average
- 9.2%
- All-time high (1995)
- 204.9%
- All-time low (2012)
- 5.1%
Trend
Inflation shows an upward trend. Compared to 2013, inflation has risen by +1.0 percentage point.
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- December: +4.9 percentage points
ECB Target
Inflation is 5.8% 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 €107.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 6.0% | -1.1 |
| February | 6.2% | -1.1 |
| March | 6.9% | -0.1 |
| April | 7.3% | +0.1 |
| May | 7.6% | +0.2 |
| June | 7.8% | +0.9 |
| July | 7.4% | +0.9 |
| August | 7.6% | +1.1 |
| September | 8.0% | +1.9 |
| October | 8.3% | +2.1 |
| November | 9.1% | +2.6 |
| December | 11.4% | +4.9 |
| Average | 7.8% |
Data source
Data from OECD. Last updated: 11/01/2026.