Russia Inflation Rate 1991-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Russia was recorded at 7.50 percent in July of 2014. Inflation Rate in Russia averaged 145.63 Percent from 1991 until 2014, 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.

   
 
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Russia Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.80 2333.30 3.60 1991 - 2014 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 Wednesday, August 20, 2014.


Russia Inflation Rate Decelerates Slightly in July


Russian annual consumer inflation declined to 7.5 percent in July of 2014 from 7.8 percent in the previous month, driven mostly by lower cost of electricity, gas and other fuels.

Prices of housing, water, electricity, gas and other fuels decreased to 6.0 percent in July, from 11.7 percent in June after the government capped regulated utility fees.

Inflationary pressures came from food and non-alcoholic beverages (+9.5 percent), alcoholic beverages and tobacco (+15.2 percent), clothing and footwear (+4.7 percent), furnishings and household equipment (+4.9 percent), health (+8.9 percent), transportation (+5.3 percent), recreation and culture (+7.5 percent), education (+8.7 percent), hotels, restaurants and cafes (+7.9 percent).

Annual core inflation rate accelerated to 7.8 percent in July from 7.5 percent in June.

On a monthly basis, inflation slowed to 0.5 percent down from 0.6 percent in the previous month, mostly due to decline of  cost of food and non-alcoholic beverages (-0.2 percent).

Isabel Felino | isabel.felino@tradingeconomics.com
8/4/2014 2:11:06 PM


Recent Releases

Russia Inflation Rate Rises Further in June
Russian annual consumer prices accelerated for the fifth straight month in June to its highest since August of 2011. The inflation rate rose to 7.8 percent, following a 7.6 percent increase in the previous month, driven by higher food and utility cost. Published on 2014-07-04

Russia Inflation Rate Rises To Nearly 3-Year High
Russian annual consumer inflation accelerated for the fourth straight month to 7.6 percent in May of 2014 from 7.3 percent in the previous month, driven by higher food prices. Published on 2014-06-04


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-06 01:00 PM Russia
Inflation Rate YoY
Apr 2014 7.3% 6.9% 7.32%
2014-06-04 01:00 PM Russia
Inflation Rate YoY
May 2014 7.6% 7.3% 7.44%
2014-07-04 01:00 PM Russia
Inflation Rate YoY
Jun 2014 7.8% 7.6% 7.71%
2014-08-04 01:00 PM Russia
Inflation Rate YoY
Jul 2014 7.5% 7.8% 7.79%


Prices Last Previous Highest Lowest Unit
Inflation Rate 7.50 7.80 2333.30 3.60 Percent [+]
Inflation Rate Mom 0.47 0.64 100.00 -0.37 Percent [+]
Consumer Price Index (CPI) 427.50 425.50 427.50 0.10 Index Points [+]
Core Inflation Rate 7.80 7.50 15.03 4.28 Percent [+]
GDP Deflator 163.23 155.63 163.23 43.41 Index Points [+]
Producer Prices 506.50 502.20 506.50 0.00 Index Points [+]
Producer Prices Change 9.00 8.90 33.70 -12.30 Percent [+]
Food Inflation 9.50 9.20 15.82 -0.33 Percent [+]





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