Producer Prices in Russia

Russia Producer Prices | Economic News & Forecasts

Russia - Producer Prices

Inflation jumps to 18-month high in December

According to preliminary data, in December, consumer prices rose 0.8% from the previous month, above the 0.5% increase recorded in November and the sharpest rise in nearly three years. According to Rosstat, higher prices for food drove December’s result.

Inflation soared to 4.2% in December, above November’s 3.8% and the highest reading since June 2017. In addition, inflation ended 2018 above the Central Bank’s 4.0% target. A weak ruble has stroked price pressures, along with higher food prices in recent months. Inflation is expected to rise sharply in the first half of 2019 due to an increase in the VAT tax at the start of the year.

Annual average inflation edged up to 2.9% in December from November’s 2.7%.

Met the why particular panelists see inflation ending 2019 at 4.3%, which is unchanged from last month’s forecast. For 2020, participants expect inflation to end the year at 3.8%.

Russia - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)3.7  5.9  11.7  7.4  8.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Russia Facts

Bond Yield8.260.13 %Jan 21
Exchange Rate66.33-0.12 %Jan 21
Stock Market2,468-1.03 %Jan 21

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form