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

The inflation rate in Russia was recorded at 8 percent in September of 2014. Inflation Rate in Russia averaged 144.63 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.

   
 
 

Russia Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
8.00 7.60 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 Monday, October 20, 2014.


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.

Year-on-year, tobacco prices recorded the highest increase (28.4 percent). Cost of food and non-alcoholic beverages rose at a faster 11.5 percent (10.1 percent in August) and prices of housing, water, electricity and gas grew 5.8 percent (5.1 percent in August), boosted by a 10.4 percent increase in housing rents and an 8.2 percent surge in cost of water and other public utility services. Transport prices increased 5 percent.

On a monthly basis, consumer prices increased 0.7 percent, following a 0.2 percent rise in August. Food cost surged 1 percent compared with a 0.3 percent drop in the previous month and services’ prices grew at a slower 0.3 percent (0.7 percent in August).

Joana Taborda | joana.taborda@tradingeconomics.com
10/3/2014 1:27:28 PM


Recent Releases

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

Russia Inflation Rate Decelerates Slightly in July
Russian annual consumer inflation declined to 7.5 percent in July of 2014 from 7.8 percent in the previous month, driven mostly by lower cost of electricity, gas and other fuels. Published on 2014-08-04


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-04 01:00 PM Russia
Inflation Rate YoY
Jun 2014 7.8% 7.6% 7.71%
2014-08-04 01:00 PM Russia
Inflation Rate YoY
Jul 2014 7.5% 7.8% 7.79%
2014-09-04 01:00 PM Russia
Inflation Rate YoY
Aug 2014 7.6% 7.5% 7.25%
2014-10-03 01:00 PM Russia
Inflation Rate YoY
Sep 2014 8.0% 7.6% 7.9%
2014-11-03 01:00 PM Russia
Inflation Rate YoY
Oct 2014 8.0% 8.06%


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 8.00 7.60 2333.30 3.60 Percent [+]
Inflation Rate Mom 0.70 0.20 100.00 -0.37 Percent [+]
Consumer Price Index CPI 432.60 429.60 432.60 0.10 Index Points [+]
Core Inflation Rate 8.20 8.00 15.03 4.28 Percent [+]
GDP Deflator 169.22 163.23 169.22 43.41 Index Points [+]
Producer Prices 510.70 514.80 514.80 0.00 Index Points [+]
Producer Prices Change 3.50 5.70 33.70 -12.30 Percent [+]
Food Inflation 11.50 10.10 15.82 -0.33 Percent [+]