Inflation in Russia
Russia - Inflation
Inflation dips to 10-month low in September
In September, consumer prices fell 0.2% over the previous month, matching August’s result which had marked the first drop in monthly prices in nearly two years. According to Rosstat, the result reflected lower prices for services and food products, the later entirely due to lower fruit and vegetable prices, which more than offset higher prices for non-food items.
Inflation fell to a 10-month low of 4.0% in September, from 4.3% in August. September’s result marked the sixth consecutive month of moderating inflation. That said, annual average inflation continued trending up, ticking up to an over two-year high of 4.6% in September, from 4.5% in August.
Panelists see inflation ending 2019 at 4.0%, which is down 0.2 percentage points from last month’s forecast. For 2020, participants expect inflation to end the year at 3.8%, which is down 0.1 percentage points from last month’s forecast.
Russia - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 6.8 | 7.8 | 15.5 | 7.1 | 3.7 |
Russia Inflation Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
Russia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 7.04 | 0.13 % | Sep 04 |
| Exchange Rate | 66.91 | -0.12 % | Sep 04 |
| Stock Market | 2,793 | -1.03 % | Sep 04 |
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.
Economic News
Russia: Industrial output growth ticks up in September
October 16, 2019
Industrial output, in annual terms, increased 3.0% in September, marginally up from August’s 2.9% year-on-year rise.
Russia: Inflation dips to 10-month low in September
October 4, 2019
In September, consumer prices fell 0.2% over the previous month, matching August’s result which had marked the first drop in monthly prices in nearly two years.
Russia: Consumer confidence improves but remains firmly entrenched in negative territory in Q3
October 4, 2019
The consumer confidence index published by the Federal Statistics Service (Rosstat) on 4 October edged up to minus 13 points in the third quarter, from minus 15 points in the second quarter.
Russia: Composite PMI broadly unchanged in September amid diverging trends in manufacturing and services sectors
October 3, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit dived to 46.3 in September, from 49.1 in August, marking the worst result since May 2009.
Russia: Growth picks up in Q2 on sturdier domestic demand
October 2, 2019
Annual growth accelerated to 0.9% in the second quarter, as confirmed by a third estimate of national accounts data released by Rosstat on 2 October.
© Copyright: 2019 | Russia Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
