The headline inflation rate in Russia eased to 5.9% on February of 2025 from 6% in the previous month, ahead of market expectations of 5.7% to reflect consistent inflationary pressures for the Russian economy. The result was loosely aligned with signals by the Bank of Russia that inflation would remain elevated at the start of the year due to higher VAT and excise taxes, although the figures momentarily challenges the monetary authority's forecast that the headline rate would hold around the 4.5%-5.5% mark this year. Costs rose sharply for services (9.9%), offsetting softer inflation for foods (5.4%), and non-food products (3.2%). From the previous month, consumer prices rose 0.7%. source: Federal State Statistics Service

Inflation Rate in Russia decreased to 5.90 percent in February from 6 percent in January of 2026. Inflation Rate in Russia averaged 98.50 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 March of 2026.

Inflation Rate in Russia decreased to 5.90 percent in February from 6 percent in January of 2026. Inflation Rate in Russia is expected to be 5.90 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
2026-02-13 04:00 PM
Inflation Rate YoY
Jan 6% 5.6% 6.4% 6.5%
2026-03-13 04:00 PM
Inflation Rate YoY
Feb 5.9% 6% 5.7% 6.0%
2026-04-10 04:00 PM
Inflation Rate YoY
Mar 5.9% 5.9%


Related Last Previous Unit Reference
Consumer Price Index CPI 292.50 292.70 points Feb 2026
Core Consumer Prices 100.52 100.95 points Feb 2026
Core Inflation Rate 5.18 5.43 percent Feb 2026
Food Inflation 5.43 5.88 percent Feb 2026
GDP Deflator 143.12 138.26 points Sep 2025
Inflation Rate YoY 5.90 6.00 percent Feb 2026
Inflation Rate MoM 0.70 1.60 percent Feb 2026
PPI MoM 0.50 -2.50 percent Feb 2026
Producer Prices 305.60 308.50 points Jan 2026
PPI YoY -5.20 -5.00 percent Feb 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
5.90 6.00 2333.30 2.18 1991 - 2026 percent Monthly

News Stream
Russia Inflation Refrains from Declining Sharply
The headline inflation rate in Russia eased to 5.9% on February of 2025 from 6% in the previous month, ahead of market expectations of 5.7% to reflect consistent inflationary pressures for the Russian economy. The result was loosely aligned with signals by the Bank of Russia that inflation would remain elevated at the start of the year due to higher VAT and excise taxes, although the figures momentarily challenges the monetary authority's forecast that the headline rate would hold around the 4.5%-5.5% mark this year. Costs rose sharply for services (9.9%), offsetting softer inflation for foods (5.4%), and non-food products (3.2%). From the previous month, consumer prices rose 0.7%.
2026-03-13
Russia Inflation Rebounds in January
The annual inflation rate in Russia rose to 6% in January of 2026 from the over two-year low of 5.6% in the previous month. Despite undershooting expectations of a sharper increase to 6.4%, it was the first increase in the inflation rate since March of the previous year, amid the introduction of VAT increases by the Russian government and softening capacity for major goods producers. Inflation was elevated for services (9.6%). In turn, inflation was relatively lower for food (5.9%), as the Bank of Russia noted that VAT were not fully passed on to consumers. From the previous month, consumer prices rose by 1.6%.
2026-02-13
Russia Inflation Rate Lowest since 2023
The annual inflation rate in Russia fell to 6.6% in November 2025 from 7.7% in the previous month, the lowest since September 2023 and below market expectations of 6.7%. Prices slowed for food (7.5% vs 9.3%), non-food goods (3.5% vs 3.8%), and services (9.4% vs 10.4%). The central bank forecasts inflation this year to range between 6.5% and 7%, following 9.52% last year. President Vladimir Putin said inflation would be around or below 6% by the end of the year. On a monthly basis, consumer prices rose by 0.4%, after a 0.5% increase in October.
2025-12-10