Russia’s annual inflation rate edged up to 6.35% in September 2026 from 6.33% in the previous month. Services inflation accelerated to 7.97% from 7.85%, while food price growth eased to 5.05% from 5.08% and non-food inflation slowed to 6.47% from 6.51%. Within food prices, fruit and vegetable prices continued to decline year-on-year, falling 4.24% compared with 5.19% in August, while food products excluding fruits and vegetables rose 5.24% (vs 5.15%). Core inflation increased to 5.47% from 5.37% in the previous month. On a monthly basis, consumer prices rose by 0.35% in September, following a 0.08% decline in August. Average inflation for January–September reached 5.93%, up from 5.87% in the January–August period. source: Federal State Statistics Service

Inflation Rate in Russia remained unchanged at 6.30 percent in September. Inflation Rate in Russia averaged 96.95 percent from 1991 until 2026, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 2.18 percent in February of 2018. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Inflation Rate in Russia remained unchanged at 6.30 percent in September. Inflation Rate in Russia is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Inflation Rate is projected to trend around 4.10 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-11 04:00 PM
Inflation Rate YoY
Aug 6.3% 6% 6.3% 6.3%
2026-10-09 04:00 PM
Inflation Rate YoY
Sep 6.3% 6.3% 6.4%
2026-11-13 04:00 PM
Inflation Rate YoY
Oct 6.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 302.70 301.60 points Sep 2026
Core Consumer Prices 100.49 100.29 points Sep 2026
Core Inflation Rate 5.47 5.37 percent Sep 2026
Food Inflation 4.61 5.08 percent Sep 2026
GDP Deflator 155.54 149.01 points Jun 2026
Inflation Rate YoY 6.30 6.30 percent Sep 2026
Inflation Rate MoM 0.30 -0.10 percent Sep 2026
PPI MoM 0.90 -2.50 percent Aug 2026
Producer Prices 334.30 331.00 points Aug 2026
PPI YoY 6.50 6.60 percent Aug 2026


Russia Inflation Rate
In Russia, the most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (30% of the total weight) and Transport (14%). Clothing & Footwear accounts for 11%, Housing, Water, Electricity, Gas, & Other Fuels for 11%, Recreation & Culture for 6%, Alcoholic Beverages & Tobacco for 6% and Household Appliances for 6%. Health, Communication, Education, Restaurants & Hotels and Miscellaneous Goods & Services account for 16% of the total weight.
Actual Previous Highest Lowest Dates Unit Frequency
6.30 6.30 2333.30 2.18 1991 - 2026 percent Monthly

News Stream
Russia Inflation Rate Edges Up in September
Russia’s annual inflation rate edged up to 6.35% in September 2026 from 6.33% in the previous month. Services inflation accelerated to 7.97% from 7.85%, while food price growth eased to 5.05% from 5.08% and non-food inflation slowed to 6.47% from 6.51%. Within food prices, fruit and vegetable prices continued to decline year-on-year, falling 4.24% compared with 5.19% in August, while food products excluding fruits and vegetables rose 5.24% (vs 5.15%). Core inflation increased to 5.47% from 5.37% in the previous month. On a monthly basis, consumer prices rose by 0.35% in September, following a 0.08% decline in August. Average inflation for January–September reached 5.93%, up from 5.87% in the January–August period.
2026-10-12
Russia Inflation Rate Rises as Expected
Russia's annual inflation rate rose to 6.3% in August 2026, its highest level since November of 2025, up from 6% in the previous month and matching markets expectations. Food inflation rose to 5% from 4.4% while non-food cost growth also inched higher to 6.5% from 6.4%. Motor gasoline inflation slowed to 24.6% from 25.9%, although remaining elevated as Ukrainian attacks on Russian energy infrastructure hampered its refining capacity. In turn, inflation for passanger transports rose further to 10.7% from 9.1% in the prior month, while services inflation edged up to 7.9% from 7.8%. Core inflation also rose to 5.4% from 5.2%, reaching its highest level in seven months. Meanwhile, inflation for utilities remained largely unchanged at 1.6%. Compared to the previous month, consumer prices fell 0.1%, reversing a 0.5% rise in the prior month.
2026-09-11
Russia Inflation Holds Steady in July
Russia’s annual inflation rate held at 6.0% in July 2026, matching June’s reading and remaining at its highest level since January. Motor gasoline inflation accelerated sharply to 25.9% from 19.9%, while passenger transport inflation rose to 9.1% from 6.8%, amid a severe fuel shortage as Ukrainian drone attacks disrupted refinery output. Core inflation rose to 5.2% from 5.0%, while goods inflation accelerated to 5.3% from 4.3%, driven by faster food price growth (4.4% vs 3.4%). In contrast, services inflation eased to 7.8% from 10.6%, driven by softer inflation for utilties (1.7% vs 15.1%) and housing (10.1% vs 12.1%). On a monthly basis, consumer prices rose 0.5% in July, slowing from a 0.9% increase in June.
2026-08-12