Russia Inflation Rate  1991-2018 | Data | Chart | Calendar | Forecast

Russia's consumer price inflation stood at 2.4 percent year-on-year in April 2018, unchanged from the previous month's figure and below market expectations of 2.5 percent. Inflation remained well below the central bank's target of 4 percent. Inflation Rate in Russia averaged 125.75 percent from 1991 until 2018, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 2.20 percent in January of 2018.

Russia Inflation Rate
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Russia April Inflation Rate Weaker than Expected


Russia's consumer price inflation stood at 2.4 percent year-on-year in April 2018, unchanged from the previous month's figure and below market expectations of 2.5 percent. Inflation remained well below the central bank's target of 4 percent.

Within the goods component, food inflation eased to 1.1 percent in April from 1.3 percent in the previous month; while prices of non-food products rose by 2.7 percent, faster than a 2.4 percent gain in March. Also, cost of services went up by 4 percent in April, after a 3.9 percent increase in the precedent period.

Annual core inflation rate picked up to 1.9 percent in April from an all-time low of 1.8 percent in March.

On a monthly basis, consumer prices increased by 0.4 percent, following a 0.3 percent gain in March and matching market expectations. Inflation rose for both non-food products (0.4 percent vs 0.2 percent) and services (0.3 percent vs 0.1 percent), while food prices rose at a softer rate (0.4 percent vs 0.5 percent).


Federal State Statistics Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/4/2018 1:10:39 PM


Recent Releases

Russia Inflation Rate Picks Up from Record Low to 2.4%
Russia's consumer price inflation increased to 2.4 percent year-on-year in March 2018 from a record low of 2.2 percent in the previous month and in line with market expectations. Still, inflation remained well below the central bank's target of 4 percent.
Published on 2018-04-06

Russia February Inflation Rate Unchanged at Record Low
Russia's consumer prices rose 2.2 percent year-on-year in February 2018, the same pace as in the previous month while missing market expectations of a 2.3 percent gain. The inflation remained at the lowest level since the series began in 1991 and well below the central bank's target of 4 percent, despite a pick up in food inflation.
Published on 2018-03-06

Russia Inflation Rate Falls to New Record Low
Russia's consumer price inflation dropped to 2.2 percent year-on-year in January 2018 from 2.5 percent in the previous month and below market expectations of 2.3 percent. It was the lowest inflation rate since the series began in 1991, well below the central bank's target of 4 percent.
Published on 2018-02-07

Russia December Inflation Rate Confirmed at Record Low
Russia's consumer price inflation came in at 2.5 percent year-on-year in December 2017, unchanged from the preliminary estimate and the same as in the previous month. The figure stood at its lowest level since the series began in 1991, well below the central bank's target of 4 percent.
Published on 2018-01-10



Calendar GMT Actual Previous Consensus TEForecast
2018-03-06 01:00 PM Inflation Rate YoY 2.2% 2.2% 2.3% 2.1%
2018-04-06 01:00 PM Inflation Rate YoY 2.4% 2.2% 2.4% 2.1%
2018-05-04 01:00 PM Inflation Rate YoY 2.4% 2.4% 2.5% 2.4%
2018-06-05 01:00 PM Inflation Rate YoY 2.4% 2.3%
2018-07-06 01:00 PM Inflation Rate YoY 2.4%
2018-08-06 01:00 PM Inflation Rate YoY 2.7%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.40 2.40 2333.30 2.20 percent [+]
Inflation Rate Mom 0.40 0.30 100.00 -0.50 percent [+]
Consumer Price Index CPI 558.00 555.80 558.00 0.10 Index Points [+]
Core Consumer Prices 100.30 100.10 103.50 100.10 Index Points [+]
Core Inflation Rate 1.90 1.80 17.50 1.80 percent [+]
GDP Deflator 107.50 105.21 137.44 43.41 Index Points [+]
Producer Prices 634.90 627.30 662.60 0.00 Index Points [+]
Producer Prices Change 7.50 4.80 33.70 -12.30 percent [+]
Food Inflation 1.10 0.50 26.10 -0.33 percent [+]


Russia Inflation Rate

In Russia, the most important categories in the consumer price index are food and non-alcoholic beverages (30 percent of the total weight) and transport (14 percent). The index also includes: clothing and footwear (11 percent); housing, water, electricity, gas and other fuels (11 percent); recreation and cultural activities (6 percent), alcoholic beverages and tobacco products (6 percent) and household appliances (6 percent). Health, communication, education, hotels, restaurants and other goods and services account for the remaining 16 percent of total weight. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.40 2333.30 2.20 1991 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.76 Apr/18
Canada 2.20 Apr/18
China 1.80 Apr/18
Euro Area 1.20 Apr/18
France 1.60 Apr/18
Germany 1.60 Apr/18
India 4.58 Apr/18
Indonesia 3.41 Apr/18
Italy 0.50 Apr/18
Japan 0.60 Apr/18
Mexico 4.55 Apr/18
Netherlands 0.90 Apr/18
Russia 2.40 Apr/18
South Korea 1.60 Apr/18
Spain 1.10 Apr/18
Switzerland 0.80 Apr/18
Turkey 10.85 Apr/18
United Kingdom 2.50 Mar/18
United States 2.50 Apr/18


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