Inflation in Russia
Russia - Inflation (end of period)
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 (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||6.5||11.4||12.9||5.4||2.5|
5 years of economic forecasts for more than 30 economic indicators.
Russia Inflation (eop) Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
|Bond Yield||6.38||0.13 %||Nov 21|
|Exchange Rate||64.02||-0.12 %||Nov 21|
|Stock Market||2,943||-1.03 %||Nov 21|
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December 12, 2019
Annual GDP growth rose to a year-to-date high of 1.7% in the third quarter of 2019, according to a second estimate released by Rosstat on 12 December.
December 6, 2019
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.
December 4, 2019
The IHS Markit Russia Services Business Activity Index came in at 55.6 in November, broadly unchanged from October’s one-year high of 55.8.
Russia: Sliding PMI points to sharpest contraction in manufacturing activity in over a decade in November
December 2, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit fell to an over one-decade low of 45.6 in November, from 47.2 in October.
November 22, 2019
Merchandise exports totaled USD 35.0 billion in September, representing a 9.3% contraction from the USD 38.6 billion sum recorded in the same month of 2018.