Inflation in Russia

Russia Inflation | Economic News & Forecasts

Russia - Inflation

Inflation unchanged in May

In May, consumer prices rose 0.4% from the previous month, matching April’s reading and market expectations. According to Rosstat, prices rose for goods and services in May, but prices for food fell from the previous month.

Inflation was unchanged for a second consecutive month at 2.4% in May, a historically low level. Price pressures remain subdued and inflation lies far below the Central Bank’s target of 4.0%. Annual average inflation declined from 3.0% in April to 2.8% in May, a historical low.


Russia Inflation Forecast


Panelists see inflation ending 2018 at 3.7%, which is unchanged from last month’s forecast. For 2019, participants expect inflation to end the year at 3.9%.

Russia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)6.8  7.8  15.5  7.1  3.7  

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Russia Inflation Chart


Russia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Russian Federal State Statistics Service (Rosstat) and Met the why particular calculations.

Russia Facts

ValueChangeDate
Bond Yield7.550.13 %Jun 14
Exchange Rate63.12-0.12 %Jun 14
Stock Market2,253-1.03 %Jun 14

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