Core consumer prices in Russia increased 3.70 percent in December of 2018 over the same month in the previous year. Core Inflation Rate in Russia averaged 8.43 percent from 2003 until 2018, reaching an all time high of 17.50 percent in March of 2015 and a record low of 1.80 percent in March of 2018.
Core Inflation Rate in Russia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Russia to stand at 3.30 in 12 months time. In the long-term, the Russia Core Inflation Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.