Inflation in Russia

Russia Inflation | Economic News & Forecasts

Russia - Inflation

Inflation falls to 13-month low in November

In November, consumer prices rose 0.3% over the previous month, up slightly from October’s 0.1% month-on-month uptick and marking the first increase in six months. According to Rosstat, the upturn was led by higher prices for food products, while prices for non-food goods and services rose more softly.

Inflation fell to 3.5% in November from 3.8% in October. November’s result marked the eight consecutive month of moderating inflation and the lowest reading since October 2018. Lastly, annual average inflation remained stable at 4.6% in November.

Panelists see inflation ending 2020 at 3.8%, which is unchanged from last month’s forecast. For 2021, participants also expect inflation to end the year at 3.8%.

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.


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

Bond Yield6.380.13 %Nov 21
Exchange Rate64.02-0.12 %Nov 21
Stock Market2,943-1.03 %Nov 21

Sample Report

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


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