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

The inflation rate in Russia was recorded at 8.30 percent in October of 2014. Inflation Rate in Russia averaged 144.13 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
8.30 8.00 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 Friday, November 28, 2014.


Russia Inflation Rate Rises Further


Russian annual inflation rate accelerated for the third straight month to 8.3 percent in October of 2014 from 8 percent in September. Yet, monthly inflation recorded the highest rate in five months.

Cost of food and non-alcoholic beverages increased 11.5 percent year-on-year, the same rate recorded in September. In contrast, prices of housing, water, electricity and gas rose at a faster 6.4 percent in October, following a 5.8 percent increase in the previous month and mainly due to housing rents (+12.6 percent) and water (+10.1 percent). Transport prices accelerated 5.6 percent (5 percent in September) and health cost grew 10.2 percent. Additional upward pressures came from tobacco prices which recorded again the highest increase (27.3 percent). 

On a monthly basis, consumer prices accelerated for the second consecutive month by 0.8 percent. Food cost advanced 1.2 percent, following a 1 percent increase in the previous month while non-food prices increased 0.6 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
11/5/2014 1:41:30 PM


Recent Releases

Russia Inflation Rate Up to 3-Year High
Russian consumer prices rose by an annual 8 percent in August of 2014 compared with a 7.6 percent increase in July. The inflation rate accelerated for the second straight month to its highest since August of 2011. Published on 2014-10-03

Russia Inflation Rate Edges Up to 7.6%
Russian annual inflation rate accelerated slightly to 7.6 percent in August from 7.5 percent in July. Published on 2014-09-04


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-04 01:00 PM
Inflation Rate YoY  Aug 2014
7.6% 7.5% 7.25%
2014-10-03 01:00 PM
Inflation Rate YoY  Sep 2014
8.0% 7.6% 7.9%
2014-11-05 01:00 PM
Inflation Rate YoY  Oct 2014
8.3% 8.0% 7.99%
2014-12-04 01:00 PM
Inflation Rate YoY  Nov 2014
8.3% 8.11%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 8.30 8.00 2333.30 3.60 percent [+]
Inflation Rate Mom 0.80 0.70 100.00 -0.37 percent [+]
Consumer Price Index CPI 434.90 431.40 434.90 0.10 Index Points [+]
Core Inflation Rate 8.40 8.20 15.03 4.28 percent [+]
GDP Deflator 169.22 163.23 169.22 43.41 Index Points [+]
Producer Prices 512.50 510.80 514.80 0.00 Index Points [+]
Producer Prices Change 5.10 3.50 33.70 -12.30 percent [+]
Food Inflation 11.50 11.50 15.82 -0.33 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.59 Oct/14 6.75 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.60 Oct/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.50 Oct/14 0.30 18.80 -0.70 percent [+]
Germany 0.60 Nov/14 0.80 11.54 -7.62 percent [+]
India 5.52 Oct/14 6.46 11.16 5.52 percent [+]
Indonesia 4.83 Oct/14 4.53 82.40 -1.17 percent [+]
Italy 0.20 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.30 Oct/14 4.22 179.73 2.91 percent [+]
Netherlands 1.10 Oct/14 0.90 11.19 -1.30 percent [+]
Russia 8.30 Oct/14 8.00 2333.30 3.60 percent [+]
South Korea 1.20 Oct/14 1.10 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland 0.00 Oct/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.96 Oct/14 8.86 138.71 -4.01 percent [+]
United Kingdom 1.30 Oct/14 1.20 8.50 0.50 percent [+]
United States 1.70 Oct/14 1.70 23.70 -15.80 percent [+]