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

The inflation rate in Russia was recorded at 15.80 percent in August of 2015. Inflation Rate in Russia averaged 139.59 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.

Russia Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
15.80 15.60 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 Saturday, September 5, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-06 02:00 PM Jun 15.3% 15.8% 15.5% 15%
2015-08-04 02:00 PM Jul 15.6% 15.3% 15.8% 15.7%
2015-09-04 02:00 PM Aug 15.8% 15.6% 15.6% 15.7%
2015-10-02 01:00 PM Sep 15.8% 13%
2015-11-05 01:00 PM Oct 13%
2015-12-04 01:00 PM Nov 12%


Russia Inflation Rate Rises to 15.8% in August


Annual inflation rate in Russia increased to 15.8 percent in August of 2015 from 15.6 percent in the previous month. The number came above market expectation as prices of fruits and vegetables increased.

Year-on-year, cost of food and non-alcoholic beverages increased to 20.0 percent (20.4 percent in July); prices of housing and utilities went up 13.3 percent (13.2 percent in July), cost of recreation and culture rose 22.5 percent (from 19.1 percent). Transport prices were up 17.9 percent (11.8 percent in July); clothing and footwear increased by 11.5 percent.

Month-on-month, inflation slowed to 0.4 percent, from a 0.8 percent increase in the previous month, but reached the highest level for an August month in five years. Nonfood prices were up 0.8 percent (0.5 percent in July), cost of services increased 1.3 percent (3 percent in July), while prices of food declined 0.7 percent (-0.3 percent in July).

The rise in the inflation rate was not expected by markets as prices of fruits and vegetables usually decrease in August due to favorable weather conditions. However, the ruble depreciated more than 5 percent during the month, putting further upward pressure in prices of imported goods.

Core inflation rate increased to 16.6 percent in August, from 16.5 percent in the previous month.


Yekaterina Guchshina | yekaterina@tradingeconomics.com
9/4/2015 3:54:18 PM


Recent Releases

Russia Inflation Rate Rises to 15.6% in July
Annual inflation rate in Russia accelerated to 15.6 percent in July of 2015 from 15.3 percent in the previous month. The value was below market expectation but still broke the downward trend.
Published on 2015-08-04

Russia Inflation Rate Slows in June
Annual inflation rate in Russia went down to 15.3 percent in June of 2015 from 15.8 percent in the previous month as rise in cost of food and housing eased.
Published on 2015-07-06

Russia Inflation Rate At 4-Month Low
Annual inflation rate in Russia slowed to 15.8 percent in May of 2015 from 16.4 percent in the previous month as increase in cost of food and housing eased.
Published on 2015-06-04

Russia Inflation Rate Slows in April
Russian annual inflation slowed for the first time in nine months to 16.4 percent in April from 16.9 percent in March. Figures came below market expectations due to lower cost of food and transport, after the ruble gained more than 10 percent against the USD during the month.
Published on 2015-05-06


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 15.80 15.60 2333.30 3.60 percent [+]
Inflation Rate Mom 0.40 0.80 100.00 -0.37 percent [+]
Consumer Price Index CPI 498.40 494.40 498.40 0.10 Index Points [+]
Core Inflation Rate 16.60 16.50 17.50 4.28 percent [+]
GDP Deflator 173.86 165.98 173.86 43.41 Index Points [+]
Producer Prices 581.20 572.90 581.20 0.00 Index Points [+]
Producer Prices Change 13.10 13.10 33.70 -12.30 percent [+]
Food Inflation 20.00 20.40 26.10 -0.33 percent [+]
Core Consumer Prices 100.60 100.80 103.80 100.10 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 9.56 Jul/15 8.89 6821.31 1.65 percent [+]
Canada 1.30 Jul/15 1.00 21.60 -17.80 percent [+]
China 1.60 Jul/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.20 Aug/15 0.20 5.00 -0.70 percent [+]
France 0.20 Jul/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Aug/15 0.20 11.54 -7.62 percent [+]
India 3.78 Jul/15 5.40 11.16 3.78 percent [+]
Indonesia 7.18 Aug/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Aug/15 0.20 25.64 -0.60 percent [+]
Japan 0.20 Jul/15 0.40 25.00 -2.52 percent [+]
Mexico 2.74 Jul/15 2.87 179.73 2.74 percent [+]
Netherlands 1.00 Jul/15 1.00 11.19 -1.30 percent [+]
Russia 15.80 Aug/15 15.60 2333.30 3.60 percent [+]
South Korea 0.70 Aug/15 0.70 32.50 0.20 percent [+]
Spain -0.40 Aug/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.40 Aug/15 -1.30 11.92 -1.40 percent [+]
Turkey 7.14 Aug/15 6.81 138.71 -4.01 percent [+]
United Kingdom 0.10 Jul/15 0.00 8.50 -0.10 percent [+]
United States 0.20 Jul/15 0.10 23.70 -15.80 percent [+]