Inflation in Russia
Russia - Inflation
Inflation accelerates in February
In February, consumer prices rose 0.4% from the previous month, below the 1.0% increase recorded in January, which had marked the sharpest rise in three years. According to Rosstat, higher prices for food products led the overall price increase in February.
Meanwhile, inflation jumped to 5.2% in February from 5.0% in January, marking the highest reading since December 2016. Nevertheless, February’s reading came in below the expectations of market analysts as the effects of January’s value-added tax hike have been milder than expected, partly due to weaker consumer demand dynamics so far this year.
Lastly, annual average inflation rose to 3.6% in February, from January’s 3.2%.
Russia Inflation Forecast
FocusEconomics panelists see inflation ending 2019 at 4.6%, which is unchanged from last month’s forecast. For 2020, participants expect inflation to end the year at 3.9%.
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 | 8.28 | 0.13 % | Mar 20 |
| Exchange Rate | 64.32 | -0.12 % | Mar 20 |
| Stock Market | 2,504 | -1.03 % | Mar 20 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free 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 production growth jumps to almost two-year high in February
March 18, 2019
Industrial output growth gained steam in February, according to the Federal State Statistics Service (Rosstat).
Russia: Exports drop in January
March 15, 2019
Merchandise exports totaled USD 29.8 billion in January, which represented a 11.2% contraction from the USD 33.6 billion sum recorded in the same month of 2018.
Russia: Inflation accelerates in February
March 6, 2019
In February, consumer prices rose 0.4% from the previous month, below the 1.0% increase recorded in January, which had marked the sharpest rise in three years.
Russia: Manufacturing PMI slips again in February
March 1, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit dipped from 50.9 in January to 50.1 in February, marking the third consecutive monthly drop and the weakest reading since September 2018.
Russia: Export growth halves in December
February 25, 2019
Merchandise exports totaled USD 41.4 billion in December, which represented a 10.2% expansion from the USD 37.5 billion sum recorded in the same month of 2017.
© Copyright: 2019 | Russia Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
