Russia’s annual inflation rate rose to 3.5 percent in October 2018 from 3.4 percent in the previous month, still below market expectations of 3.6 percent. It was the highest inflation rate since July 2017 boosted by prices of food, non-food products and services. Inflation Rate in Russia averaged 123.47 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
width
height
 Preview
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us


Russia Inflation Rate Climbs to 15-Month High


Russia’s annual inflation rate rose to 3.5 percent in October 2018 from 3.4 percent in the previous month, still below market expectations of 3.6 percent. It was the highest inflation rate since July 2017 boosted by prices of food, non-food products and services.

Within the goods component, food cost advanced 2.7 percent in October, following a 2.5 percent rise in September and prices of non-food products rose 4.1 percent, after a 4 percent gain in the previous month. Also, services inflation went up to 4 percent in October from 3.8 percent in September.

Annual core inflation rate climbed to 3.1 percent in October from 2.8 percent in the previous month. It was the highest rate since July 2017.

On a monthly basis, consumer prices increased 0.4 percent in October, compared with a 0.2 percent gain in September and matching market consensus. An increase in prices of food (0.6 percent vs -0.1 percent in September) and non-food products (0.5 percent vs 0.4 percent) was enough to offset a decline in services costs (-0.1 percent vs 0.2 percent).


Federal State Statistics Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/6/2018 1:14:44 PM


Recent Releases

Russia Inflation Rate Rises More than Expected
Russia’s annual inflation rate rose to 3.4 percent in September of 2018 from 3.1 percent in the previous month, slightly above market expectations of 3.3 percent. It was the highest inflation rate since July of 2017, mainly due to food prices.
Published on 2018-10-05

Russia Inflation Rate at 1-Year High of 3.1%
Russia’s annual inflation rate rose to 3.1 percent in August of 2018 from 2.5 percent in the previous month, slightly below market expectations of 3.2 percent. It was the highest inflation rate since August of 2017, mainly due to food prices.
Published on 2018-09-05

Russia Inflation Rate Hits 7-Month High
Russia's annual inflation rate rose to 2.5 percent in July 2018 from 2.3 percent in the previous month, slightly below market expectations of 2.6 percent. It was the highest rate since last December mainly due to a rebound in food prices.
Published on 2018-08-06

Russia Inflation Rate Slows to 2.3% in June
Russia's annual inflation rate edged down to 2.3 percent in June 2018 from 2.4 percent in the previous month, still above market expectations of 2.2 percent.
Published on 2018-07-06



Calendar GMT Actual Previous Consensus TEForecast
2018-09-05 01:00 PM Inflation Rate YoY 3.1% 2.5% 3.2% 2.7%
2018-10-05 01:00 PM Inflation Rate YoY 3.4% 3.1% 3.3% 3.2%
2018-11-06 01:00 PM Inflation Rate YoY 3.5% 3.4% 3.6% 3.5%
2018-12-06 01:00 PM Inflation Rate YoY 3.5% 3.8%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.50 3.40 2333.30 2.20 percent [+]
Inflation Rate Mom 0.40 0.20 100.00 -0.50 percent [+]
Consumer Price Index CPI 567.50 565.50 567.50 0.10 Index Points [+]
Core Consumer Prices 100.40 100.50 103.50 100.10 Index Points [+]
Core Inflation Rate 3.10 2.80 17.50 1.80 percent [+]
GDP Deflator 114.61 111.24 121.34 43.41 Index Points [+]
Producer Prices 694.50 685.60 694.50 0.00 Index Points [+]
Producer Prices Change 14.40 15.30 33.70 -12.30 percent [+]
Food Inflation 2.80 2.00 26.10 -0.60 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.40 2333.30 2.20 1991 - 2018 percent Monthly




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Sep/18
United States 2.30 Sep/18


Related
Latest