Current inflation Россия 16.7%
March 2022
Current Inflation
Inflation is very high at 11.5%, far above the ECB target.
Historical Context
Current inflation is 5.7% higher than the 5-year average of 5.8%.
- 5-year average
- 5.8%
- 10-year average
- 7%
- All-time high (1993)
- 839.2%
- All-time low (2018)
- 2.9%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.8 percentage point.
ECB Target
Inflation is 9.5% 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 €111.50 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 11.5%
- Last year
- 6.7%
- 5-year average
- 11.5%
- All-time high (1993)
- 839.2%