Inflation in Russia

Russia Inflation | Economic News & Forecasts

Russia - Inflation

Inflation edges down in April

In April, consumer prices rose 0.3% from the previous month, matching March’s increase. According to Rosstat, prices rose mildly for services, while stronger gains for food products continued to drive the overall increase.

Inflation inched down to 5.2% in April, from March’s 5.3%. March’s result had marked the highest reading since December 2016. Although, January’s VAT hike has pushed up inflation, the overall effects have been milder than expected, partly due to weak demand dynamics so far this year.

Annual average inflation rose to 3.8% in April, from March’s 3.6%.

FocusEconomics panelists see inflation ending 2019 at 4.5%, which is down 0.1 percentage points from last month’s forecast. For 2020, participants expect inflation to end the year at 4.0%.

Russia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)6.8  7.8  15.5  7.1  3.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Russia Inflation Chart


Russia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.

Russia Facts

ValueChangeDate
Bond Yield7.700.13 %Jun 13
Exchange Rate64.52-0.12 %Jun 13
Stock Market2,758-1.03 %Jun 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form