Russia Inflation Rate Slows To 4.3% In March


Consumer prices in Russia increased by 4.3 percent year-on-year in March 2017, easing from a 4.6 percent rise in the previous month and in line with market expectations. It was the lowest inflation rate since June 2012. On a monthly basis, prices edged up 0.1 percent after advancing by 0.2 percent in February.

Prices rose at a slower pace for food (3.1 percent from 3.3 percent in February); clothing and footwear (6.1 percent from 6.6 percent); transport (5.2 percent from 6.1 percent); furnishings and household equipment (3.3 percent from 3.9 percent); and alcoholic beverages and tobacco (7.6 percent from 8 percent). 

Annual core inflation rate declined to 4.5 percent from 5 percent in February.

On a monthly basis, prices went up 0.1 percent after rising by 0.2 percent in February, as prices rose at a slower pace for food (0.1 percent from 0.2 percent) and remained unchanged for services (0.3 percent in February).

Russia Inflation Rate Slows To 4.3% In March


Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/5/2017 1:20:06 PM