Russia Inflation Rate  1991-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Russia increased 5.4 percent year-on-year in December of 2016, following 5.8 percent rise in the previous month and in line with preliminary estimates. It was the lowest inflation rate since June 2012, as prices increased at a slower pace for food, housing and utilities, clothing and footwear and recreation and cultural activities. On a monthly basis, prices went up 0.4 percent, at the same pace as in November. Inflation Rate in Russia averaged 133.50 percent from 1991 until 2016, 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.

Russia Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-06 01:00 PM Nov 5.8% 6.1% 5.9% 6.0%
2016-12-30 10:00 AM Dec 5.4% 5.8% 5.8%
2017-01-10 01:00 PM Dec 5.4% 5.8% 5.4% 5.4%
2017-02-06 01:00 PM Jan 5.4% 5.3%
2017-03-03 01:00 PM Feb 5.3%
2017-04-05 01:00 PM Mar 5.3%




Russia Inflation Rate Confirmed At 5.4% In December


Consumer prices in Russia increased 5.4 percent year-on-year in December of 2016, following 5.8 percent rise in the previous month and in line with preliminary estimates. It was the lowest inflation rate since June 2012, as prices increased at a slower pace for food, housing and utilities, clothing and footwear and recreation and cultural activities. On a monthly basis, prices went up 0.4 percent, at the same pace as in November.

Prices rose at a slower pace for food (+4.2 percent from +5 percent in November); housing and utilities (+5.2 percent from +5.3 percent); clothing and footwear (+7.4 percent from +7.6 percent); recreation and culture (+4.1 percent from +6 percent); furnishings and household equipment (+5.3 percent from +5.6 percent); and alcoholic beverages and tobacco (+8.6 percent from +8.7 percent). Meanwhile, transport inflation rate accelerated to 5.6 percent from 5.4 percent in November. 

Annual core inflation rate declined to 6.0 percent from 6.2 percent in November.

On a monthly basis, prices went up 0.4 percent. Main upward pressure came from: food (+0.7 percent); housing and utilities (+0.1 percent); transport (+0.5 percent); clothing (+0.4 percent); furnishings (+0.3 percent); restaurants and hotels (+0.3 percent); and alcoholic beverages and tobacco (+0.4 percent). 

Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
1/10/2017 1:27:48 PM



Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 5.40 5.40 2333.30 3.60 percent [+]
Inflation Rate Mom 0.40 0.40 100.00 -0.37 percent [+]
Consumer Price Index CPI 537.80 535.40 537.80 0.10 Index Points [+]
Core Consumer Prices 100.30 100.40 103.80 100.10 Index Points [+]
Core Inflation Rate 6.00 6.20 17.50 4.28 percent [+]
GDP Deflator 140.85 137.58 140.85 43.41 Index Points [+]
Producer Prices 607.40 603.70 607.40 0.00 Index Points [+]
Producer Prices Change 4.30 3.10 33.70 -12.30 percent [+]
Food Inflation 4.20 5.00 26.10 -0.33 percent [+]



Russia Inflation Rate Notes

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. Russia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.40 2333.30 3.60 1991 - 2016 percent Monthly



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Malawi 19.90 Nov/16
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Morocco 1.90 Nov/16
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Netherlands 1.00 Dec/16
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Portugal 0.90 Dec/16
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Republic of the Congo 3.70 Apr/15
Romania -0.54 Dec/16
Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
Sao Tome and Principe 6.20 Nov/16
Saudi Arabia 2.30 Nov/16
Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
Seychelles -0.20 Dec/16
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Singapore 0.00 Nov/16
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