The annual inflation rate in Russia edged down to 5.1 percent in May of 2019 from 5.2 percent in the previous month and in line with market expectations. It was the lowest inflation rate since January, mainly due to lower prices of non-food products. Inflation Rate in Russia averaged 121.31 percent from 1991 until 2019, 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.

Inflation Rate in Russia is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Russia to stand at 4.80 in 12 months time. In the long-term, the Russia Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

Russia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 01:15 PM Inflation Rate YoY 5.2% 5% 5.2% 5.5%
2019-04-05 01:00 PM Inflation Rate YoY 5.3% 5.2% 5.4% 5.4%
2019-05-07 01:00 PM Inflation Rate YoY 5.2% 5.3% 5.2% 5.3%
2019-06-06 01:00 PM Inflation Rate YoY 5.1% 5.2% 5.1% 5.2%
2019-07-05 01:00 PM Inflation Rate YoY 5.1% 4.7%
2019-08-06 01:00 PM Inflation Rate YoY 5.9%
2019-09-05 01:00 PM Inflation Rate YoY 5.7%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 5.10 5.20 2333.30 2.20 percent [+]
Inflation Rate Mom 0.30 0.30 100.00 -0.50 percent [+]
Consumer Price Index CPI 588.50 586.80 588.50 0.10 Index Points [+]
Core Consumer Prices 100.30 100.30 103.50 100.10 Index Points [+]
Core Inflation Rate 4.70 4.60 17.50 1.80 percent [+]
GDP Deflator 121.22 120.09 121.34 43.41 Index Points [+]
Producer Prices 698.00 685.70 722.40 0.00 Index Points [+]
Producer Prices Change 8.60 10.70 33.70 -12.30 percent [+]
Food Inflation 6.70 6.70 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 5.20 2333.30 2.20 1991 - 2019 percent Monthly




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 4.66 May/19
Canada 2.40 May/19
China 2.70 May/19
Euro Area 1.20 May/19
France 0.90 May/19
Germany 1.40 May/19
India 3.05 May/19
Indonesia 3.32 May/19
Italy 0.80 May/19
Japan 0.70 May/19
Mexico 4.28 May/19
Netherlands 2.40 May/19
Russia 5.10 May/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 May/19
Spain 0.40 Jun/19
Switzerland 0.60 May/19
Turkey 18.71 May/19
United Kingdom 2.00 May/19
United States 1.80 May/19


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