diff --git a/packages/react-hooks/src/useInflation.ts b/packages/react-hooks/src/useInflation.ts
index adeeb90220..a200bcc1ad 100644
--- a/packages/react-hooks/src/useInflation.ts
+++ b/packages/react-hooks/src/useInflation.ts
@@ -13,6 +13,8 @@ import { BN_MILLION } from '@polkadot/util';
 import { useApi } from './useApi';
 import { useCall } from './useCall';
 
+const EMPTY: Inflation = { inflation: 0, stakedReturn: 0 };
+
 export function calcInflation (api: ApiPromise, totalStaked: BN, totalIssuance: BN): Inflation {
   const { falloff, idealStake, maxInflation, minInflation } = getInflationParams(api);
   const stakedFraction = totalStaked.mul(BN_MILLION).div(totalIssuance).toNumber() / BN_MILLION.toNumber();
@@ -25,14 +27,16 @@ export function calcInflation (api: ApiPromise, totalStaked: BN, totalIssuance:
 
   return {
     inflation,
-    stakedReturn: inflation / stakedFraction
+    stakedReturn: stakedFraction
+      ? (inflation / stakedFraction)
+      : 0
   };
 }
 
 export function useInflation (totalStaked?: BN): Inflation {
   const { api } = useApi();
   const totalIssuance = useCall<BN>(api.query.balances.totalIssuance);
-  const [state, setState] = useState<Inflation>({ inflation: 0, stakedReturn: 0 });
+  const [state, setState] = useState<Inflation>(EMPTY);
 
   useEffect((): void => {
     totalIssuance && totalStaked && setState(