Russia Inflation Rate  1991-2017 | Data | Chart | Calendar | Forecast

Russia's consumer price inflation eased to 3 percent year-on-year in September 2017 from 3.3 percent in the previous month and below market expectations of 3.1 percent. It was the lowest inflation rate since the series began in 1991, as prices rose at a softer pace for all main categories. Annual core inflation rate declined to 2.8 percent from 3 percent in the previous month. On a monthly basis, consumer prices went down 0.1 percent, while markets were expecting a 0.1 percent gain. Inflation Rate in Russia averaged 128.52 percent from 1991 until 2017, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 3 percent in September of 2017.

Russia Inflation Rate
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Russia Inflation Rate Falls to New Record Low


Russia's consumer price inflation eased to 3 percent year-on-year in September 2017 from 3.3 percent in the previous month and below market expectations of 3.1 percent. It was the lowest inflation rate since the series began in 1991.

Prices rose at a slower pace for food and non-alcoholic beverages (1.6 percent from 2.3 percent in August); transport (3.9 percent from 4.2 percent); housing and utilities (4.4 percent from 4.5 percent); clothing and footwear (4.2 percent from 4.7 percent); furnishings and household equipment (1.7 percent from 1.9 percent); alcoholic beverages and tobacco (4.7 percent from 5.3 percent); hotels and restaurants (2.9 percent from 3.1 percent) and miscellaneous goods and services (2.6 percent from 2.9 percent).

Annual core inflation rate declined to 2.8 percent from 3 percent in the previous month.

On a monthly basis, consumer prices went down 0.1 percent, while markets were expecting a 0.1 percent gain.

Federal State Statistics Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/5/2017 2:23:15 PM


Recent Releases

Russia Inflation Rate Falls to Lowest Since 1991
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Published on 2017-09-05

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Consumer prices in Russia increased by 4.4 percent year-on-year in June 2017, following 4.1 percent in the previous month and above market expectations of 4.3 percent. It was the highest inflation rate since February, as prices increased at a faster pace for food. On a monthly basis, prices went up 0.6 percent after advancing by 0.4 percent in May.
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-04 01:00 PM Inflation Rate YoY 3.9% 4.4% 4.3% 4%
2017-09-05 01:00 PM Inflation Rate YoY 3.3% 3.9% 3.7% 3.8%
2017-10-05 01:45 PM Inflation Rate YoY 3% 3.3% 3.1% 3.2%
2017-11-03 01:00 PM Inflation Rate YoY 3% 3%
2017-12-06 01:00 PM Inflation Rate YoY 3.1%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 3.30 2333.30 3.00 percent [+]
Inflation Rate Mom -0.10 -0.50 100.00 -0.50 percent [+]
Consumer Price Index CPI 547.10 547.70 550.80 0.10 Index Points [+]
Core Consumer Prices 100.30 100.10 103.50 100.10 Index Points [+]
Core Inflation Rate 2.80 3.00 17.50 2.80 percent [+]
GDP Deflator 103.52 102.74 137.44 43.41 Index Points [+]
Producer Prices 640.60 625.60 640.60 0.00 Index Points [+]
Producer Prices Change 6.80 4.70 33.70 -12.30 percent [+]
Food Inflation 1.60 2.30 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.30 2333.30 3.00 1991 - 2017 percent Monthly




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.54 Sep/17
Canada 1.60 Sep/17
China 1.60 Sep/17
Euro Area 1.50 Sep/17
France 1.00 Sep/17
Germany 1.80 Sep/17
India 3.28 Sep/17
Indonesia 3.72 Sep/17
Italy 1.10 Sep/17
Japan 0.70 Aug/17
Mexico 6.35 Sep/17
Netherlands 1.50 Sep/17
Russia 3.00 Sep/17
South Korea 2.10 Sep/17
Spain 1.80 Sep/17
Switzerland 0.70 Sep/17
Turkey 11.20 Sep/17
United Kingdom 3.00 Sep/17
United States 2.20 Sep/17