Russia Inflation Rate  1991-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Russia increased 6.9 percent year-on-year in August of 2016, following 7.2 percent growth in the previous month while above market expectations of 6.1 percent. It was the lowest inflation rate since March 2014, as housing and utilities, clothing and footwear, transport and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices were flat. Inflation Rate in Russia averaged 137.42 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. Inflation Rate in Russia is reported by the Federal State Statistics Service.

Russia Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
6.90 7.20 2333.30 3.60 1991 - 2016 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. Russia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-05 01:00 PM Jun 7.5% 7.3% 7.4% 7.4%
2016-08-04 01:00 PM Jul 7.2% 7.5% 7.4% 7.5%
2016-09-05 01:00 PM Aug 6.9% 7.2% 6.1% 6.8%
2016-10-04 01:00 PM Sep 6.9% 6.5%
2016-11-03 01:00 PM Oct 6.3%
2016-12-06 01:00 PM Nov 6.1%

Russian Inflation Eases to 6.9% in August


Consumer prices in Russia increased 6.9 percent year-on-year in August of 2016, following 7.2 percent growth in the previous month while above market expectations of 6.1 percent. It was the lowest reading since March 2014, as housing and utilities, clothing and footwear, transport and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices were flat.

Prices grew at a slower pace for housing and utilities (+5.6 percent from +6.0 percent in July); clothing and footwear (+9.2 percent from +9.5 percent); recreation and culture (+6.8 percent from +9.9 percent); furnishings and household equipment (+7.3 percent from +7.7 percent); transport (+6.4 percent from +6.7 percent); restaurants and hotels (+5.9 percent from +6.2 percent) and alcoholic beverages and tobacco  (+9.5 percent from +9.6 percent)

Meantime, food and non-alcoholic beverages prices increased at a faster 6.5 percent (+6.4 percent in July).

Annual core inflation rate remained unchanged at 7.4 percent.

On a monthly basis, consumer prices were flat, compared to 0.5 percent growth in the previous month, as drop in food prices (-0.8 percent) was offset by increases for housing and utilities (+0.2 percent); transportation (+0.3 percent); clothing (+0.5 percent); furnishings (+0.2 percent) and restaurants and hotels (+0.3 percent). 

Federal State Statistics Service | Yekaterina Guchsina | yekaterina@tradingeconomics.com
9/5/2016 2:16:48 PM

Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.90 7.20 2333.30 3.60 percent [+]
Inflation Rate Mom 0.00 0.50 100.00 -0.37 percent [+]
Consumer Price Index CPI 530.10 529.90 530.10 0.10 Index Points [+]
Core Consumer Prices 100.50 100.50 103.80 100.10 percent [+]
Core Inflation Rate 7.40 7.40 17.50 4.28 percent [+]
GDP Deflator 137.58 136.72 137.58 43.41 Index Points [+]
Producer Prices 597.60 606.50 606.50 0.00 Index Points [+]
Producer Prices Change 3.10 4.50 33.70 -12.30 percent [+]
Food Inflation 6.50 6.40 26.10 -0.33 percent [+]




Last
Afghanistan 7.32 Aug/16
Albania 2.00 Aug/16
Algeria 7.43 Jul/16
Angola 38.18 Aug/16
Argentina 40.50 Apr/16
Armenia -1.90 Aug/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Aug/16
Azerbaijan 10.80 Aug/16
Bahamas -0.33 Jun/16
Bahrain 2.60 Aug/16
Bangladesh 5.37 Aug/16
Barbados -1.20 Apr/16
Belarus 11.80 Aug/16
Belgium 2.16 Aug/16
Belize 1.00 Jul/16
Benin -1.20 Aug/16
Bhutan 3.31 Jun/16
Bolivia 3.49 Aug/16
Bosnia and Herzegovina -1.20 Aug/16
Botswana 2.60 Aug/16
Brazil 8.97 Aug/16
Brunei -0.70 Aug/16
Bulgaria -0.30 Aug/16
Burkina Faso -0.70 Jul/16
Burundi 6.60 Aug/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.10 Aug/16
Cape Verde -1.80 Aug/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad -1.10 Jul/16
Chile 3.40 Aug/16
China 1.30 Aug/16
Colombia 8.10 Aug/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.60 Aug/16
Croatia -1.50 Aug/16
Cuba 4.40 Dec/15
Cyprus -0.36 Aug/16
Czech Republic 0.60 Aug/16
Denmark 0.20 Aug/16
Djibouti 2.00 Jul/16
Dominican Republic 1.47 Aug/16
East Timor -1.60 Aug/16
Ecuador 1.42 Aug/16
Egypt 15.50 Aug/16
El Salvador 0.95 Aug/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.30 Aug/16
Ethiopia 5.90 Aug/16
Euro Area 0.20 Aug/16
European Union 0.30 Aug/16
Fiji 5.90 Aug/16
Finland 0.40 Aug/16
France 0.20 Aug/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 0.90 Aug/16
Germany 0.40 Aug/16
Ghana 16.90 Aug/16
Greece -0.90 Aug/16
Guatemala 4.74 Aug/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jul/16
Guyana 0.62 Jul/16
Haiti 12.90 Jul/16
Honduras 2.51 Aug/16
Hong Kong 4.30 Aug/16
Hungary -0.10 Aug/16
Iceland 0.90 Aug/16
India 5.05 Aug/16
Indonesia 2.79 Aug/16
Iran 9.40 Aug/16
Iraq -0.40 Jul/16
Ireland -0.10 Aug/16
Israel -0.70 Aug/16
Italy -0.10 Aug/16
Ivory Coast -0.40 Aug/16
Jamaica 1.80 Aug/16
Japan -0.40 Jul/16
Jordan -0.60 Aug/16
Kazakhstan 17.60 Aug/16
Kenya 6.26 Aug/16
Kosovo 0.00 Aug/16
Kuwait 2.90 Aug/16
Kyrgyzstan 0.50 Aug/16
Laos 1.97 Jul/16
Latvia 0.00 Aug/16
Lebanon -0.79 Aug/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
Namibia 6.80 Aug/16
Nepal 10.40 Jul/16
Netherlands 0.20 Aug/16
New Caledonia 0.80 Aug/16
New Zealand 0.40 Jun/16
Nicaragua 3.80 Aug/16
Niger 0.80 Aug/16
Nigeria 17.60 Aug/16
North Korea 55.00 Jul/13
Norway 4.00 Aug/16
Oman 1.34 Aug/16
Pakistan 3.56 Aug/16
Palestine 0.45 Aug/16
Panama 0.50 Aug/16
Papua New Guinea 6.50 Mar/16
Paraguay 3.20 Aug/16
Peru 2.94 Aug/16
Philippines 1.80 Aug/16
Poland -0.80 Aug/16
Portugal 0.70 Aug/16
Puerto Rico -1.40 Jul/16
Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
Sierra Leone 8.77 Mar/16
Singapore -0.30 Aug/16
Slovakia -0.80 Aug/16
Slovenia 0.00 Aug/16
Somalia -4.00 Dec/14
South Africa 5.90 Aug/16
South Korea 0.40 Aug/16
South Sudan 729.70 Aug/16
Spain -0.10 Aug/16
Sri Lanka 4.00 Aug/16
Sudan 18.15 Aug/16
Suriname 63.80 Jun/16
Swaziland 7.40 Jul/16
Sweden 1.10 Aug/16
Switzerland -0.10 Aug/16
Syria 48.09 Dec/15
Taiwan 0.57 Aug/16
Tajikistan 6.40 Aug/16
Tanzania 4.90 Aug/16
Thailand 0.29 Aug/16
Togo -1.40 Aug/16
Trinidad and Tobago 2.90 Jul/16
Tunisia 3.80 Aug/16
Turkey 8.05 Aug/16
Turkmenistan 7.00 Dec/15
Uganda 4.80 Aug/16
Ukraine 8.40 Aug/16
United Arab Emirates 1.76 Jul/16
United Kingdom 0.60 Aug/16
United States 1.10 Aug/16
Uruguay 9.37 Aug/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 3.34 Sep/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.43 Aug/16