Russia’s annual inflation rate rose to 6.7 percent in August of 2021 from 6.5 percent in the previous month, above market expectations of 6.6 percent. It was the highest inflation rate since August 2016, underpinned by prices of food (7.7 percent), non-food products (8.0 percent), and services (3.8 percent). On a monthly basis, consumer prices went up 0.2 percent, after a 0.3 percent gain in July. source: Federal State Statistics Service
Inflation Rate in Russia averaged 112.04 percent from 1991 until 2021, reaching an all time high of 2333.30 percent in December of 1992 and a record low of 2.18 percent in February of 2018. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Inflation Rate in Russia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Inflation Rate is projected to trend around 4.00 percent in 2022 and 4.30 percent in 2023, according to our econometric models.