Russia Inflation Rate 1991-2017 | Data | Chart | Calendar | Forecast

Russia's consumer price inflation declined to 2.5 percent year-on-year in November 2017 from 2.7 percent in the previous month and below market expectations of 2.6 percent. The figure came in well below the central bank's target of 4 percent, hitting the lowest level since the series began in 1991. Inflation Rate in Russia averaged 127.72 percent from 1991 until 2017, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 2.50 percent in November of 2017.

Russia Inflation Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Russia Inflation Rate Slows to New Record Low in November


Russia's consumer price inflation declined to 2.5 percent year-on-year in November 2017 from 2.7 percent in the previous month and below market expectations of 2.6 percent. The figure came in well below the central bank's target of 4 percent, hitting the lowest level since the series began in 1991.

Prices rose at a slower pace for food and non-alcoholic beverages (0.6 percent from 1.2 percent in October); clothing and footwear (3.4 percent from 3.8 percent); furnishings and household equipment (1.5 percent from 1.6 percent); alcoholic beverages and tobacco (4.3 percent from 4.5 percent); and hotels and restaurants (2.4 percent from 2.7 percent). Meanwhile, inflation was unchanged for housing and utilities (at 4.3 percent) and miscellaneous goods and services (at 2.3 percent) while it rose for transport (4.3 percent from 4 percent in October).

Annual core inflation rate also dropped to an all-time low of 2.3 percent in November from 2.5 percent in the previous month.

On a monthly basis, consumer prices rose 0.2 percent, the same pace as in the previous period.

Federal State Statistics Service | Joana Ferreira |
12/5/2017 3:18:25 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-05 01:45 PM Inflation Rate YoY 3% 3.3% 3.1% 3.2%
2017-11-07 01:00 PM Inflation Rate YoY 2.7% 3% 2.8% 3%
2017-12-05 01:30 PM Inflation Rate YoY 2.5% 2.7% 2.6% 2.5%
2018-01-10 01:00 PM Inflation Rate YoY 2.5%
2018-02-06 02:00 PM Inflation Rate YoY
2018-03-07 09:00 AM Inflation Rate YoY


Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.70 2333.30 2.50 percent [+]
Inflation Rate Mom 0.20 0.20 100.00 -0.50 percent [+]
Consumer Price Index CPI 548.90 547.90 550.80 0.10 Index Points [+]
Core Consumer Prices 100.20 100.10 103.50 100.10 Index Points [+]
Core Inflation Rate 2.30 2.50 17.50 2.30 percent [+]
GDP Deflator 104.95 103.52 137.44 43.41 Index Points [+]
Producer Prices 648.30 640.60 648.30 0.00 Index Points [+]
Producer Prices Change 7.60 6.80 33.70 -12.30 percent [+]
Food Inflation 0.60 1.20 26.10 -0.33 percent [+]


Russia Inflation Rate

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.70 2333.30 2.50 1991 - 2017 percent Monthly




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.80 Nov/17
Canada 1.40 Oct/17
China 1.70 Nov/17
Euro Area 1.50 Nov/17
France 1.20 Nov/17
Germany 1.80 Nov/17
India 4.88 Nov/17
Indonesia 3.30 Nov/17
Italy 0.90 Nov/17
Japan 0.20 Oct/17
Mexico 6.63 Nov/17
Netherlands 1.50 Nov/17
Russia 2.50 Nov/17
South Korea 1.30 Nov/17
Spain 1.70 Nov/17
Switzerland 0.80 Nov/17
Turkey 12.98 Nov/17
United Kingdom 3.10 Nov/17
United States 2.20 Nov/17