Russia Inflation Rate Slows to 5.2% in April


The annual inflation rate in Russia decreased to 5.2 percent in April of 2019 from 5.3 percent in the previous month and in line with market expectations.

Within the goods component, non-food products prices advanced 4.6 percent, slightly slower than 4.7 percent in the previous month and food cost increased 5.8 percent, easing from a 5.9 percent rise in March. Also, services inflation was unchanged at 5.1 percent in April.

Annual core inflation rate came in at 4.6 percent in April, unchanged from the prior month, remaining at its highest level since February of 2017. 

On a monthly basis, consumer prices went up 0.3 percent, the same as in the previous month and matching market consensus. Upward pressure came from all main categories: food (0.4 percent from 0.5 percent); non-food products (0.2 percent from 0.3 percent); and services (0.2 percent from 0.1 percent).

Russia Inflation Rate Slows to 5.2% in April


Federal State Statistics Service | Agna Gabriel | agna.gabriel@tradingeconomics.com
5/7/2019 1:14:55 PM