Inflation Russia 2019
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 5.3%. The lowest inflation was in December at 3.0%.
- Highest month
- March: 5.3%
- Lowest month
- December: 3.0%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 8.5%. The lowest price increase was in Communication with an average of 1.8%.
- Highest increase
- Education: 8.5%
- Lowest increase
- Communication: 1.8%
Historical Context
Current inflation is 2.3% lower than the 5-year average of 6.8%.
- 5-year average
- 6.8%
- 10-year average
- 6.9%
- All-time high (2001)
- 21.6%
- All-time low (2018)
- 2.9%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+1.6 percentage point).
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- February: +3.0 percentage points
ECB Target
Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 5.0% | +2.8 |
| February | 5.2% | +3.0 |
| March | 5.3% | +2.9 |
| April | 5.2% | +2.8 |
| May | 5.1% | +2.7 |
| June | 4.7% | +2.4 |
| July | 4.6% | +2.1 |
| August | 4.3% | +1.2 |
| September | 4.0% | +0.6 |
| October | 3.8% | +0.3 |
| November | 3.5% | -0.3 |
| December | 3.0% | -1.3 |
| Average | 4.5% |
Data source
Data from OECD. Last updated: 11/01/2026.