Russia Inflation Rate 1991-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Russia was recorded at 16.70 percent in February of 2015. Inflation Rate in Russia averaged 142.25 percent from 1991 until 2015, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 3.60 percent in April of 2012. Inflation Rate in Russia is reported by the Federal State Statistics Service.

      Forecast    
Russia Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
16.70 15.00 2333.30 3.60 1991 - 2015 percent Monthly
In Russia, the most important categories in the consumer price index are food and non-alcoholic beverages (30 percent of the total weight) and transport (14 percent). The index also includes: clothing and footwear (11 percent); housing, water, electricity, gas and other fuels (11 percent); recreation and cultural activities (6 percent), alcoholic beverages and tobacco products (6 percent) and household appliances (6 percent). Health, communication, education, hotels, restaurants and other goods and services account for the remaining 16 percent of total weight. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Russia Inflation Rate - was last refreshed on Sunday, March 29, 2015.


Russia Inflation Rate Up to 13-Year High


Russian annual inflation rate increased further to 16.7 percent in February of 2015 from 15 percent in the previous month, due to higher food cost. It is the highest figure since March of 2002 when it was recorded at 16.8 percent.

Food and non-alcoholic beverages surged 26.1 percent, following a 22.8 percent rise in the previous month. Sugar cost increased 67.1 percent, cereals and legumes went up 51.5 percent, fish and sea products increased 30.8 percent and meat and poultry prices rose 25 percent.

Additional upward pressures came from transport (12.8 percent), housing, water, electricity and gas (9.8 percent), clothing and footwear (8.5 percent), alcoholic beverages and tobacco (15.5 percent) and hotels, cafes and restaurants (10.8 percent).

On a monthly basis, consumer prices increased 2.2 percent, lower than a 3.9 percent increase in January.

The inflation rate has been on an upward trend since the beginning of 2014 as the ruble depreciation lead to a rise in import prices – the currency lost nearly 90 percent to the USD since January 2014.

Joana Taborda | joana.taborda@tradingeconomics.com
3/5/2015 1:58:55 PM


Recent Releases

Russia Inflation Rate Up to 15%
Russian annual inflation rate accelerated for the sixth consecutive month to 15 percent in January of 2015 from 11.4 percent in December. It is the highest rate in more than six years as a weak rouble has been pushing import prices up. Published on 2015-02-05

Russia Inflation Rate at 5-Year High
Russian annual inflation rate increased to 11.4 percent in December of 2014 from 9.1 percent in the previous month, mainly driven by higher food cost. It is the highest rate since August of 2009. Published on 2015-01-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-31 11:10 AM
Inflation Rate YoY  Dec 2014
11.4% 9.1% 9.34%
2015-02-05 01:00 PM
Inflation Rate YoY  Jan
15% 11.4% 13.3% 13.02%
2015-03-05 01:00 PM
Inflation Rate YoY  Feb
16.7% 15% 16.6% 17.74%
2015-04-06 01:00 PM
Inflation Rate YoY  Mar
16.7% 19.87%
2015-05-05 01:00 PM
Inflation Rate YoY  Apr
21.57%
2015-06-04 01:00 PM
Inflation Rate YoY  May
22.82%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 16.70 15.00 2333.30 3.60 percent [+]
Inflation Rate Mom 2.20 3.90 100.00 -0.37 percent [+]
Consumer Price Index CPI 479.90 469.60 479.90 0.10 Index Points [+]
Core Inflation Rate 16.80 14.70 16.80 4.28 percent [+]
GDP Deflator 162.83 169.22 169.22 43.41 Index Points [+]
Producer Prices 531.50 520.60 531.50 0.00 Index Points [+]
Producer Prices Change 9.50 7.10 33.70 -12.30 percent [+]
Food Inflation 26.10 22.80 26.10 -0.33 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.70 Feb/15 7.14 6821.31 1.65 percent [+]
Canada 1.00 Feb/15 1.00 21.60 -17.80 percent [+]
China 1.40 Feb/15 0.80 28.40 -2.20 percent [+]
Euro Area -0.30 Feb/15 -0.60 5.00 -0.70 percent [+]
France -0.30 Feb/15 -0.40 18.80 -0.70 percent [+]
Germany 0.09 Feb/15 -0.40 11.54 -7.62 percent [+]
India 5.37 Feb/15 5.19 11.16 4.38 percent [+]
Indonesia 6.29 Feb/15 6.96 82.40 -1.17 percent [+]
Italy -0.09 Feb/15 -0.60 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.00 Feb/15 3.07 179.73 2.91 percent [+]
Netherlands 0.14 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 16.70 Feb/15 15.00 2333.30 3.60 percent [+]
South Korea 0.50 Feb/15 0.80 32.50 0.20 percent [+]
Spain -1.10 Feb/15 -1.30 28.43 -1.37 percent [+]
Switzerland -0.80 Feb/15 -0.50 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.00 Feb/15 0.30 8.50 0.00 percent [+]
United States 0.00 Feb/15 -0.10 23.70 -15.80 percent [+]