Development of inflation rates in Russia
The inflation rate in Germany moved over the past years between 5.1% and 874.6%. For 2016, an inflation rate of 7.0% was calculated.
During the observation period from 1993 to 2016, the average inflation rate was 76.2%
per year. Overall, the price increase was 302,532.66 %. An item that cost 100 Rubel in 1992 was 2016 so charged 302,632.66 Rubel.
In only a very few countries, the price increase is that high. The rate of 874.6% in 1993 means, that compared to the previous year all prices have been increased by an average of 874.6%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Russia