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

The inflation rate in Russia was recorded at 16.90 percent in March of 2015. Inflation Rate in Russia averaged 141.80 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.

     Forecast  
Russia Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
16.90 16.70 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, April 25, 2015.


Russia Inflation Rate Edges Up in March


Russian consumer prices rose 16.9 percent year-on-year in March of 2015, following a 16.7 percent increase in February. Yet, monthly inflation slowed for the second straight month to its lowest since October last year.

Year-on-year, cost of food and non-alcoholic beverages recorded the highest increase (25.9 percent from 26.1 percent in February). Cereals and legumes increased 52.9 percent; sugar price went up 50.5 percent; fruit and vegetables advanced 38 percent and cost of fish and sea products increased 33 percent.

Additional upward pressures came from transport (12.7 percent), housing and utilities (10 percent), recreation and culture (20.2 percent) and alcoholic beverages and tobacco (14.7 percent).

The inflation rate has been on an upward trend since the beginning of 2014 as the ruble depreciation lead to a rise in import prices. However, the pace of the increase has slowed in the last two months. On a monthly basis, consumer prices rose 1.2 percent, following a 2.2 percent increase in February. 

Joana Taborda | joana.taborda@tradingeconomics.com
4/6/2015 2:49:14 PM


Recent Releases

Russia Inflation Rate Up to 13-Year High
Russian annual inflation rate increased further to 16.7 percent in February of 2015 from 15 percent in the previous month, due to higher food cost. It is the highest figure since March of 2002 when it was recorded at 16.8 percent. Published on 2015-03-05

Russia Inflation Rate Up to 15%
Russian annual inflation rate accelerated for the sixth consecutive month to 15 percent in January of 2015 from 11.4 percent in December. It is the highest rate in more than six years as a weak rouble has been pushing import prices up. Published on 2015-02-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-05 01:00 PM
Inflation Rate YoY  Jan
15% 11.4% 13.3% 13.02%
2015-03-05 01:00 PM
Inflation Rate YoY  Feb
16.7% 15% 16.6% 17.74%
2015-04-06 02:00 PM
Inflation Rate YoY  Mar
16.9% 16.7% 16.8% 17.0%
2015-05-06 01:00 PM
Inflation Rate YoY  Apr
16.9% 17.5%
2015-06-04 01:00 PM
Inflation Rate YoY  May
17%
2015-07-03 01:00 PM
Inflation Rate YoY  Jun
22.92%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 16.90 16.70 2333.30 3.60 percent [+]
Inflation Rate Mom 1.20 2.20 100.00 -0.37 percent [+]
Consumer Price Index CPI 485.70 479.90 485.70 0.10 Index Points [+]
Core Inflation Rate 17.50 16.80 17.50 4.28 percent [+]
GDP Deflator 165.98 162.73 169.22 43.41 Index Points [+]
Producer Prices 561.10 531.50 561.10 0.00 Index Points [+]
Producer Prices Change 13.00 9.50 33.70 -12.30 percent [+]
Food Inflation 24.70 25.90 26.10 -0.33 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Feb/15 1.70 23.90 -1.30 percent [+]
Brazil 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]