Cost of food in Russia increased 7.90 percent in June of 2021 over the same month in the previous year. source: Federal State Statistics Service

Food Inflation in Russia averaged 9.08 percent from 2002 until 2021, reaching an all time high of 23.30 percent in February of 2015 and a record low of -0.20 percent in June of 2018. This page provides the latest reported value for - Russia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Food Inflation - values, historical data and charts - was last updated on August of 2021.

Food Inflation in Russia is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Russia to stand at 3.50 in 12 months time. In the long-term, the Russia Food Inflation is projected to trend around 3.30 percent in 2022 and 3.10 percent in 2023, according to our econometric models.

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Russia Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.40 23.30 -0.20 2002 - 2021 percent Monthly

Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.50 6.02 2333.30 2.18 percent [+]
Inflation Rate Mom 0.69 0.74 245.30 -0.54 percent [+]
Consumer Price Index CPI 647.40 643.00 647.40 0.10 points [+]
Core Consumer Prices 100.80 100.80 103.50 100.10 points [+]
Core Inflation Rate 6.55 6.04 17.50 1.80 percent [+]
GDP Deflator 130.50 123.89 130.50 43.41 points [+]
Producer Prices 239.20 232.40 239.20 0.00 points [+]
Producer Prices Change 31.10 35.30 35.30 -14.10 percent [+]
Food Inflation 7.90 7.40 23.30 -0.20 percent [+]
Inflation Expectations 13.40 11.90 18.70 7.80 percent [+]