Russia's headline annual inflation rate remained unchanged at 5.9% in March 2026 compared to February, slightly above forecasts of 5.8%. The strongest price increases were recorded in services at 10% and food products at 5%. Within food, fruit and vegetable products led gains at 7.4%. Amid Middle East oil supply concerns, gasoline prices rose 2.3%. Housing prices increased 2.2% and utilities 5.1%, with gas supply up 2.1%. On a monthly basis, the Russian CPI rose 0.6% following a 0.7% increase in February. source: Federal State Statistics Service

Inflation Rate in Russia remained unchanged at 5.90 percent in March. Inflation Rate in Russia averaged 98.28 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 April of 2026.

Inflation Rate in Russia remained unchanged at 5.90 percent in March. Inflation Rate in Russia is expected to be 5.20 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
2026-03-13 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% 5.8% 5.9%
2026-05-15 04:00 PM
Inflation Rate YoY
Apr 5.9% 6.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 296.60 292.50 points Mar 2026
Core Consumer Prices 100.54 100.52 points Mar 2026
Core Inflation Rate 5.03 5.18 percent Mar 2026
Food Inflation 4.97 5.43 percent Mar 2026
GDP Deflator 143.12 138.26 points Sep 2025
Inflation Rate YoY 5.90 5.90 percent Mar 2026
Inflation Rate MoM 0.60 0.70 percent Mar 2026
PPI MoM 0.50 -2.50 percent Feb 2026
Producer Prices 304.90 305.60 points Feb 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 5.90 2333.30 2.18 1991 - 2026 percent Monthly

News Stream
Russia Inflation Holds at 5.9% in March
Russia's headline annual inflation rate remained unchanged at 5.9% in March 2026 compared to February, slightly above forecasts of 5.8%. The strongest price increases were recorded in services at 10% and food products at 5%. Within food, fruit and vegetable products led gains at 7.4%. Amid Middle East oil supply concerns, gasoline prices rose 2.3%. Housing prices increased 2.2% and utilities 5.1%, with gas supply up 2.1%. On a monthly basis, the Russian CPI rose 0.6% following a 0.7% increase in February.
2026-04-10
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