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

Consumer prices in Russia increased 7.2 percent year-on-year in July of 2016, following 7.5 percent growth in the previous month. It was the lowest reading since March 2014 and below market expectations of 7.4 percent. Housing and utilities, and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices went up by 0.5 percent. 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
7.20 7.50 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-06 01:00 PM May 7.3% 7.3% 7.3% 7.2%
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 7.2% 7.0%
2016-10-04 01:00 PM Sep 6.7%
2016-11-03 01:00 PM Oct 6.5%

Russian Inflation Slows to Near 2-1/2-Year Low in July


Consumer prices in Russia increased 7.2 percent year-on-year in July of 2016, following 7.5 percent growth in the previous month. It was the lowest reading since March 2014 and below market expectations of 7.4 percent. Housing and utilities, and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices went up 0.5 percent.

Prices grew at a slower pace for housing and utilities (+6 percent from +8.5 percent in June); clothing and footwear (+9.5 percent from +9.6 percent); recreation and culture (+9.9 percent from +11.4 percent); alcoholic beverages and tobacco (+9.6 percent from +9.9 percent) and furnishings and household equipment (+7.7 percent from +7.8 percent). 

Food and non-alcoholic beverages prices increased by 6.4 percent year-on-year in July (+6.1 percent in June) while transport inflation was stable at 6.7 percent.    

Meanwhile, annual core inflation rate decreased to 7.4 percent from 7.5 percent in the previous month. 

On a monthly basis, consumer prices rose 0.5 percent, compared to 0.4 percent growth in the previous month, led by higher prices of housing and utilities (+3.5 percent); transportation (+0.6 percent); clothing (+0.2 percent); furnishings (+0.2 percent) and restaurants and hotels (+0.4 percent). In contrast, food cost dropped 0.2 percent. 

Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/4/2016 2:25:54 PM

Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 7.20 7.50 2333.30 3.60 percent [+]
Inflation Rate Mom 0.50 0.40 100.00 -0.37 percent [+]
Consumer Price Index CPI 529.90 527.40 529.90 0.10 Index Points [+]
Core Consumer Prices 100.50 100.50 103.80 100.10 percent [+]
Core Inflation Rate 7.40 7.50 17.50 4.28 percent [+]
GDP Deflator 136.72 133.29 175.29 43.41 Index Points [+]
Producer Prices 606.50 605.30 606.50 0.00 Index Points [+]
Producer Prices Change 4.50 5.10 33.70 -12.30 percent [+]
Food Inflation 6.40 6.10 26.10 -0.33 percent [+]




Last
Afghanistan 7.37 Jul/16
Albania 1.90 Jul/16
Algeria 8.20 Jun/16
Angola 35.30 Jul/16
Argentina 40.50 Apr/16
Armenia -1.30 Jul/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Jul/16
Azerbaijan 10.50 Jun/16
Bahamas 2.00 Dec/15
Bahrain 3.50 Jul/16
Bangladesh 5.40 Jul/16
Barbados -1.30 Mar/16
Belarus 12.20 Jul/16
Belgium 2.28 Jul/16
Belize 0.90 Jun/16
Benin -0.80 Jun/16
Bhutan 3.31 Jun/16
Bolivia 3.56 Jul/16
Bosnia and Herzegovina -1.00 Jul/16
Botswana 2.70 Jul/16
Brazil 8.74 Jul/16
Brunei -1.10 Jun/16
Bulgaria -0.20 Jul/16
Burkina Faso -0.80 Jun/16
Burundi 3.90 Jun/16
Cambodia 3.09 May/16
Cameroon 0.64 Jun/16
Canada 1.30 Jul/16
Cape Verde -2.30 Jul/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad 0.80 Jun/16
Chile 4.00 Jul/16
China 1.80 Jul/16
Colombia 8.97 Jul/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.48 Jul/16
Croatia -1.50 Jul/16
Cuba 4.40 Dec/15
Cyprus -0.20 Jul/16
Czech Republic 0.50 Jul/16
Denmark 0.30 Jul/16
Djibouti 2.60 Mar/15
Dominican Republic 1.85 Jul/16
East Timor -1.70 May/16
Ecuador 1.58 Jul/16
Egypt 14.00 Jul/16
El Salvador 0.88 Jul/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.10 Jul/16
Ethiopia 6.00 Jul/16
Euro Area 0.20 Jul/16
European Union 0.20 Jul/16
Fiji 5.50 Jul/16
Finland 0.50 Jul/16
France 0.20 Jul/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 1.50 Jul/16
Germany 0.40 Jul/16
Ghana 16.70 Jul/16
Greece -1.00 Jul/16
Guatemala 4.62 Jul/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jun/16
Guyana 0.40 Jun/16
Haiti 13.90 Jun/16
Honduras 2.40 Jul/16
Hong Kong 2.30 Jul/16
Hungary -0.30 Jul/16
Iceland 1.10 Jul/16
India 6.07 Jul/16
Indonesia 3.21 Jul/16
Iran 8.10 Jul/16
Iraq 0.10 Jun/16
Ireland 0.50 Jul/16
Israel -0.60 Jul/16
Italy -0.10 Jul/16
Ivory Coast 0.40 Jul/16
Jamaica 2.20 Jul/16
Japan -0.40 Jun/16
Jordan -0.40 Jul/16
Kazakhstan 17.70 Jul/16
Kenya 6.40 Jul/16
Kosovo 0.00 Jul/16
Kuwait 3.10 Jun/16
Kyrgyzstan 1.20 Jul/16
Laos 1.97 Jul/16
Latvia 0.10 Jul/16
Lebanon -0.48 Jul/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.20 Jul/16
Lithuania 0.50 Jul/16
Luxembourg -0.03 Jul/16
Macau 2.08 Jul/16
Macedonia -0.30 Jul/16
Madagascar 6.40 Jun/16
Malawi 23.50 Jul/16
Malaysia 1.10 Jul/16
Maldives -0.20 Jun/16
Mali -3.70 Jul/16
Malta 0.90 Jul/16
Mauritania 0.90 Apr/16
Mauritius 1.00 Jul/16
Mexico 2.65 Jul/16
Moldova 7.00 Jul/16
Mongolia 0.90 Jul/16
Montenegro -0.60 Jul/16
Morocco 1.60 Jul/16
Mozambique 20.68 Jul/16
Myanmar 11.41 Dec/15
Namibia 7.00 Jul/16
Nepal 11.10 Jun/16
Netherlands -0.30 Jul/16
New Caledonia 0.80 Jul/16
New Zealand 0.40 Jun/16
Nicaragua 4.10 Jul/16
Niger 0.10 Jul/16
Nigeria 16.50 Jun/16
North Korea 55.00 Jul/13
Norway 4.40 Jul/16
Oman 1.30 Jul/16
Pakistan 4.12 Jul/16
Palestine 0.34 Jul/16
Panama 0.10 Jul/16
Papua New Guinea 6.50 Mar/16
Paraguay 2.90 Jul/16
Peru 2.96 Jul/16
Philippines 1.90 Jul/16
Poland -0.90 Jul/16
Portugal 0.60 Jul/16
Puerto Rico 0.20 Jun/16
Qatar 2.80 Jul/16
Republic of the Congo 3.70 Apr/15
Romania -0.80 Jul/16
Russia 7.20 Jul/16
Rwanda 7.80 Jul/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.80 Jul/16
Senegal 1.40 Jun/16
Serbia 1.20 Jul/16
Seychelles -0.70 Jul/16
Sierra Leone 8.77 Mar/16
Singapore -0.70 Jul/16
Slovakia -0.90 Jul/16
Slovenia 0.20 Jul/16
Somalia -4.00 Dec/14
South Africa 6.00 Jul/16
South Korea 0.70 Jul/16
South Sudan 661.30 Jul/16
Spain -0.60 Jul/16
Sri Lanka 5.50 Jul/16
Sudan 16.50 Jul/16
Suriname 63.80 Jun/16
Swaziland 7.50 Jun/16
Sweden 1.10 Jul/16
Switzerland -0.20 Jul/16
Syria 48.09 Dec/15
Taiwan 1.23 Jul/16
Tajikistan 6.00 Jul/16
Tanzania 5.10 Jul/16
Thailand 0.10 Jul/16
Togo 2.10 Jul/16
Trinidad and Tobago 3.40 Jun/16
Tunisia 3.70 Jul/16
Turkey 8.79 Jul/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Jul/16
Ukraine 7.90 Jul/16
United Arab Emirates 1.76 Jun/16
United Kingdom 0.60 Jul/16
United States 0.80 Jul/16
Uruguay 10.05 Jul/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.57 Aug/16
Yemen 9.49 Nov/14
Zambia 20.20 Jul/16
Zimbabwe -1.60 Jul/16