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

Consumer prices in Russia increased 6.1 percent year-on-year in October of 2016, following 6.4 percent growth in the previous month and below market expectations of 6.2 percent. It was the lowest inflation rate since January 2014, as prices rose at a slower pace for food, housing and utilities, clothing and footwear, transport, furnishings and recreation and culture. On a monthly basis, prices went up 0.4 percent. Inflation Rate in Russia averaged 133.50 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.

Russia Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-05 01:00 PM Aug 6.9% 7.2% 6.1% 6.8%
2016-10-04 01:00 PM Sep 6.4% 6.9% 6.6% 6.5%
2016-11-03 01:00 PM Oct 6.1% 6.4% 6.2% 6.3%
2016-12-06 01:00 PM Nov 6.1% 5.9% 6.1%
2017-02-06 01:00 PM Jan
2017-03-03 01:00 PM Feb




Russia Inflation Rate at Near 3-Year Low of 6.1%


Consumer prices in Russia increased 6.1 percent year-on-year in October of 2016, following 6.4 percent growth in the previous month and below market expectations of 6.2 percent. It was the lowest inflation rate since January 2014, as prices rose at a slower pace for food, housing and utilities, clothing and footwear, transport, furnishings and recreation and culture. On a monthly basis, prices went up 0.4 percent.

Prices rose at a slower pace for food (+5.5 percent from +5.8 percent in September); housing and utilities (+5.3 percent from +5.4 percent); clothing and footwear (+8.1 percent from +8.7 percent); recreation and culture (+6.5 percent from +6.7 percent); furnishings and household equipment (+6 percent from +6.6 percent); transport (+5.7 percent from +6.1 percent); and alcoholic beverages and tobacco  (+8.9 percent from +9.3 percent)

Annual core inflation rate declined to 6.4 percent from 6.7 percent in September.

On a monthly basis, consumer prices rose 0.4 percent, after 0.2 percent growth in the previous month. Main upward pressure came from: food (+0.9 percent); housing and utilities (+0.2 percent); clothing (+1 percent); furnishings (+0.3 percent); restaurants and hotels (+0.4 percent); education (+0.2 percent) and alcoholic beverages and tobacco (+0.5 percent). In contrast, prices fell 0.2 percent for transport and 0.4 percent for recreation and culture.

Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
11/3/2016 1:16:17 PM



Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.10 6.40 2333.30 3.60 percent [+]
Inflation Rate Mom 0.40 0.20 100.00 -0.37 percent [+]
Consumer Price Index CPI 533.20 531.20 533.20 0.10 Index Points [+]
Core Consumer Prices 100.50 100.50 103.80 100.10 Index Points [+]
Core Inflation Rate 6.40 6.70 17.50 4.28 percent [+]
GDP Deflator 137.58 136.72 137.58 43.41 Index Points [+]
Producer Prices 603.70 601.90 606.10 0.00 Index Points [+]
Producer Prices Change 3.10 5.10 33.70 -12.30 percent [+]
Food Inflation 5.50 5.80 26.10 -0.33 percent [+]



Russia Inflation Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.40 2333.30 3.60 1991 - 2016 percent Monthly



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Australia 1.30 Sep/16
Austria 1.30 Oct/16
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Costa Rica 0.55 Oct/16
Croatia -0.50 Oct/16
Cuba 4.50 Dec/16
Cyprus -1.40 Nov/16
Czech Republic 0.80 Oct/16
Denmark 0.30 Oct/16
Djibouti 3.70 Sep/16
Dominican Republic 0.91 Oct/16
East Timor -1.30 Oct/16
Ecuador 1.31 Oct/16
Egypt 13.60 Oct/16
El Salvador -0.88 Oct/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.60 Oct/16
Ethiopia 5.60 Oct/16
Euro Area 0.60 Nov/16
European Union 0.50 Oct/16
Fiji 4.70 Oct/16
Finland 0.50 Oct/16
France 0.50 Nov/16
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 0.20 Nov/16
Germany 0.80 Nov/16
Ghana 15.80 Oct/16
Greece -0.50 Oct/16
Guatemala 4.76 Oct/16
Guinea 8.50 Sep/16
Guinea Bissau 0.60 Oct/16
Guyana 0.80 Sep/16
Haiti 13.30 Oct/16
Honduras 2.82 Oct/16
Hong Kong 1.20 Oct/16
Hungary 1.00 Oct/16
Iceland 2.10 Nov/16
India 4.20 Oct/16
Indonesia 3.58 Nov/16
Iran 9.30 Oct/16
Iraq 0.20 Aug/16
Ireland -0.30 Oct/16
Israel -0.30 Oct/16
Italy 0.10 Nov/16
Ivory Coast 0.60 Oct/16
Jamaica 1.80 Oct/16
Japan 0.10 Oct/16
Jordan -0.50 Oct/16
Kazakhstan 8.70 Nov/16
Kenya 6.68 Nov/16
Kosovo 0.90 Oct/16
Kuwait 3.62 Oct/16
Kyrgyzstan -0.20 Oct/16
Laos 1.84 Sep/16
Latvia 1.00 Oct/16
Lebanon 1.13 Oct/16
Lesotho 5.70 Oct/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.20 Oct/16
Lithuania 0.90 Oct/16
Luxembourg 0.50 Oct/16
Macau 1.33 Oct/16
Macedonia 0.20 Oct/16
Madagascar 6.70 Sep/16
Malawi 20.10 Oct/16
Malaysia 1.40 Oct/16
Maldives 0.40 Sep/16
Mali -3.50 Aug/16
Malta 0.50 Oct/16
Mauritania 2.60 Oct/16
Mauritius 1.50 Oct/16
Mexico 3.06 Oct/16
Moldova 2.50 Oct/16
Mongolia -0.10 Oct/16
Montenegro 0.20 Oct/16
Morocco 1.60 Oct/16
Mozambique 25.53 Oct/16
Myanmar 9.77 Feb/16
Namibia 7.30 Oct/16
Nepal 6.70 Oct/16
Netherlands 0.40 Oct/16
New Caledonia -0.20 Oct/16
New Zealand 0.40 Sep/16
Nicaragua 3.40 Oct/16
Niger -0.60 Oct/16
Nigeria 18.30 Oct/16
North Korea 55.00 Jul/13
Norway 3.70 Oct/16
Oman 2.04 Oct/16
Pakistan 3.81 Nov/16
Palestine -1.67 Oct/16
Panama 1.40 Oct/16
Papua New Guinea 6.80 Jun/16
Paraguay 4.20 Nov/16
Peru 3.35 Nov/16
Philippines 2.30 Oct/16
Poland 0.00 Nov/16
Portugal 0.90 Oct/16
Puerto Rico -0.40 Oct/16
Qatar 2.20 Oct/16
Republic of the Congo 3.70 Apr/15
Romania -0.40 Oct/16
Russia 6.10 Oct/16
Rwanda 9.10 Oct/16
Sao Tome and Principe 5.80 Oct/16
Saudi Arabia 2.60 Oct/16
Senegal -0.30 Oct/16
Serbia 1.50 Oct/16
Seychelles -0.50 Oct/16
Sierra Leone 8.77 Mar/16
Singapore -0.10 Oct/16
Slovakia -0.30 Oct/16
Slovenia 0.60 Nov/16
Somalia -4.00 Dec/14
South Africa 6.40 Oct/16
South Korea 1.30 Nov/16
South Sudan 835.70 Oct/16
Spain 0.70 Nov/16
Sri Lanka 3.40 Nov/16
Sudan 19.60 Oct/16
Suriname 77.10 Sep/16
Swaziland 8.30 Sep/16
Sweden 1.20 Oct/16
Switzerland -0.20 Oct/16
Syria 44.10 Feb/16
Taiwan 1.70 Oct/16
Tajikistan 6.10 Oct/16
Tanzania 4.50 Oct/16
Thailand 0.60 Nov/16
Togo -1.10 Oct/16
Trinidad and Tobago 3.00 Sep/16
Tunisia 3.90 Oct/16
Turkey 7.16 Oct/16
Turkmenistan 7.00 Dec/15
Uganda 4.60 Nov/16
Ukraine 12.40 Oct/16
United Arab Emirates 0.60 Aug/16
United Kingdom 0.90 Oct/16
United States 1.60 Oct/16
Uruguay 8.45 Oct/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 4.52 Nov/16
Yemen 9.49 Nov/14
Zambia 8.80 Nov/16
Zimbabwe -0.95 Oct/16