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Russian Federation Inflation Rate

Last Release
Dec 31, 2022
Actual
11.9
Units In
%
Previous
12
Frequency
Monthly
Next Release
Feb 08, 2023
Time to Release
7 Days 10 Hours
Highest
Lowest
Average
Date Range
Source
2,333.3
Dec 1992
2.18
Feb 2018
107.76 %1991-2022Federal State Statistics Service
In Russia, the most important categories in the consumer price index are food and non-alcoholic beverages (30 percent of the total weight) and transport (14 percent). The index also includes: clothing and footwear (11 percent); housing, water, electricity, gas and other fuels (11 percent); recreation and cultural activities (6 percent), alcoholic beverages and tobacco products (6 percent) and household appliances (6 percent). Health, communication, education, hotels, restaurants and other goods and services account for the remaining 16 percent of total weight.

Latest Updates

The annual inflation rate in Russia fell to 11.9 percent in December of 2022 from 12 percent in the previous month, slowing for the eighth consecutive month to its lowest since the country’s invasion of Ukraine in February triggered sweeping sanctions that isolated Russia’s economy. Prices decelerated for food products (11.1 percent to 10.3 percent in November) and non-food products (12.7 percent vs 13.4 percent), offsetting higher inflation for services (13.2 percent vs 11.2 percent). In the meantime, core inflation eased to 14.3 percent from 15.1 percent. On a monthly basis, the CPI rose by 0.8 percent, the highest monthly increase since April, backing the CBR’s signal to halt its rate-cutting cycle as the country’s labor force shortage pressures capacity.

Russian Federation Inflation Rate History

Last 12 readings

Russian Federation Prices Indicators

All Russian Federation indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Consumer Price Index CPI
231.9
Dec 2022
230
Nov 2022
0.1
Jan 1992
740.5
Mar 2022
PointsMonthly1992-2022
Core Consumer Prices
100
Dec 2022
100.2
Nov 2022
99.8
Jul 2022
109.1
Mar 2022
PointsMonthly2003-2022
Core Inflation Rate
14.31
Dec 2022
15.06
Nov 2022
1.8
Mar 2018
20.37
Apr 2022
%Monthly2003-2022
Food Inflation
10.3
Dec 2022
11.1
Nov 2022
-0.2
Jun 2018
23.3
Feb 2015
%Monthly2002-2022
GDP Deflator
159.73
Sep 2022
161.38
Jun 2022
43.41
Mar 2003
162.14
Mar 2022
PointsQuarterly2003-2022
Inflation Expectations
12.1
Dec 2022
12.2
Nov 2022
7.8
Apr 2018
18.7
Dec 2010
%Monthly2010-2022
Inflation Rate
11.9
Dec 2022
12
Nov 2022
2.18
Feb 2018
2,333.3
Dec 1992
%Monthly1991-2022
Inflation Rate Mom
0.8
Dec 2022
0.4
Nov 2022
-0.54
Aug 2017
245.3
Jan 1992
%Monthly1991-2022
Producer Price Inflation MoM
-0.8
Dec 2022
-0.4
Nov 2022
-8.4
Nov 2008
21
Jan 1995
N/A1994-2022
Producer Prices
248.3
Dec 2022
250.3
Nov 2022
0
Jan 1991
300.1
Apr 2022
PointsMonthly1991-2022
Producer Prices Change
-3.3
Dec 2022
-1.9
Nov 2022
-14.1
May 2020
35.3
May 2021
%Monthly2005-2022

Inflation Rate across Europe

Inflation Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
7.4
Dec 2022
7.9
Nov 2022
-2.11
Mar 2000
42.08
Dec 1997
% Monthly1995-2022
Armenia
8.3
Dec 2022
8.8
Nov 2022
-5.52
Mar 1999
22,887.4
Jun 1994
% Monthly1993-2022
Austria
10.2
Dec 2022
10.6
Nov 2022
-3
Mar 1959
11
Oct 2022
% Monthly1958-2022
Belarus
12.8
Dec 2022
13.3
Nov 2022
4.06
Jul 2018
2,795.64
Aug 1994
% Monthly1992-2022
Belgium
8.05
Jan 2023
10.35
Dec 2022
-18.11
Oct 1921
222.81
Jan 1947
% Monthly1921-2023
Bosnia and Herzegovina
14.8
Dec 2022
16.3
Nov 2022
-2.1
May 2020
17.4
Oct 2022
% Monthly2006-2022
Bulgaria
16.9
Dec 2022
16.9
Nov 2022
-2.6
Feb 2014
2,019.5
Mar 1997
% Monthly1996-2022
Croatia
13.1
Dec 2022
13.5
Nov 2022
-1.8
May 2016
13.5
Nov 2022
% Monthly1999-2022
Cyprus
7.9
Dec 2022
8.7
Nov 2022
-3.59
Oct 1961
18.75
Jul 1951
% Monthly1951-2022
Czech Republic
15.8
Dec 2022
16.2
Nov 2022
-0.4
Jan 2003
21.9
Feb 1993
% Monthly1993-2022
Denmark
8.7
Dec 2022
8.9
Nov 2022
-0.1
Jan 2015
13
Jun 1981
% Monthly1981-2022
Estonia
17.6
Dec 2022
21.3
Nov 2022
-2.17
Oct 2009
24.8
Aug 2022
% Monthly1999-2022
Euro Area
9.2
Dec 2022
10.1
Nov 2022
-0.6
Jul 2009
10.6
Oct 2022
% Monthly1991-2022
Faroe Islands
10.1
Dec 2022
8.8
Sep 2022
-3.1
Sep 2009
10.1
Dec 2022
% Quarterly2002-2022
Finland
9.1
Dec 2022
9.1
Nov 2022
-1.54
Oct 2009
19.31
Jan 1975
% Monthly1961-2022
France
6
Jan 2023
5.9
Dec 2022
-0.7
Jul 2009
18.8
Apr 1958
% Monthly1958-2023
Georgia
9.8
Dec 2022
10.4
Nov 2022
-3.3
May 2012
59.31
Apr 1996
% Monthly1996-2022
Germany
8.6
Dec 2022
10
Nov 2022
-7.62
Jun 1950
11.54
Oct 1951
% Monthly1950-2022
Greece
7.2
Dec 2022
8.5
Nov 2022
-2.9
Nov 2013
33.7
Jan 1974
% Monthly1960-2022
Hungary
24.5
Dec 2022
22.5
Nov 2022
-1.4
Jan 2015
31
Jun 1995
% Monthly1992-2022
Iceland
9.9
Jan 2023
9.6
Dec 2022
-0.06
Nov 1994
25.2
Dec 1989
% Monthly1989-2023
Ireland
8.2
Dec 2022
8.9
Nov 2022
-6.56
Oct 2009
23.15
Oct 1981
% Monthly1976-2022
Italy
11.6
Dec 2022
11.8
Nov 2022
-0.6
Jan 2015
25.64
Nov 1974
% Monthly1962-2022
Kosovo
12.1
Dec 2022
11.6
Nov 2022
-4.4
May 2009
14.2
May 2008
% Monthly2003-2022
Latvia
20.8
Dec 2022
21.8
Nov 2022
-4.3
Feb 2010
22.2
Sep 2022
% Monthly1998-2022
Liechtenstein
2.8
Dec 2022
3
Nov 2022
-1.4
Aug 2015
6.53
Jun 1991
% Monthly1983-2022
Lithuania
21.7
Dec 2022
22.9
Nov 2022
-2
Jan 2003
707.4
Jun 1993
% Monthly1993-2022
Luxembourg
5.4
Dec 2022
5.9
Nov 2022
-1.35
Jan 1999
7.4
Jun 2022
% Monthly1991-2022
Macedonia
14.2
Dec 2022
19.5
Nov 2022
-2.1
Dec 2009
19.8
Oct 2022
% Monthly2006-2022
Malta
7.3
Dec 2022
7.2
Nov 2022
-1.08
Apr 2007
7.4
Sep 2022
% Monthly2005-2022
Moldova
30.24
Dec 2022
31.41
Nov 2022
-2.3
Sep 2009
34.62
Oct 2022
% Monthly2007-2022
Montenegro
17.2
Dec 2022
17.5
Nov 2022
-1.4
Apr 2014
26.5
Dec 2001
% Monthly2001-2022
Netherlands
9.6
Dec 2022
9.9
Nov 2022
-1.3
Feb 1987
14.5
Sep 2022
% Monthly1971-2022
Norway
5.9
Dec 2022
6.5
Nov 2022
-1.8
Jan 2004
18.9
Jun 1951
% Monthly1950-2022
Poland
16.6
Dec 2022
17.5
Nov 2022
-1.6
Feb 2015
46.5
Apr 1992
% Monthly1992-2022
Portugal
8.3
Jan 2023
9.6
Dec 2022
-1.6
Jun 2009
53.9
May 1977
% Monthly1961-2023
Romania
16.37
Dec 2022
16.76
Nov 2022
-3.5
May 2016
316.9
Nov 1993
% Monthly1991-2022
Russian Federation
11.9
Dec 2022
12
Nov 2022
2.18
Feb 2018
2,333.3
Dec 1992
% Monthly1991-2022
Serbia
15.1
Dec 2022
15.1
Nov 2022
0.1
Jan 2015
15.1
Nov 2022
% Monthly2007-2022
Slovakia
15.4
Dec 2022
15.4
Nov 2022
-0.9
Jul 2016
15.4
Nov 2022
% Monthly2002-2022
Slovenia
10.3
Dec 2022
10
Nov 2022
-1.2
Apr 2020
22.6
Aug 1994
% Monthly1994-2022
Spain
5.8
Jan 2023
5.7
Dec 2022
-1.37
Jul 2009
28.43
Aug 1977
% Monthly1955-2023
Sweden
12.3
Dec 2022
11.5
Nov 2022
-1.6
Sep 2009
15.5
Oct 1980
% Monthly1980-2022
Switzerland
2.8
Dec 2022
3
Nov 2022
-1.4
Aug 2015
11.92
Dec 1973
% Monthly1956-2022
Turkey
64.27
Dec 2022
84.39
Nov 2022
-4.01
Jun 1968
138.71
May 1980
% Monthly1965-2022
Ukraine
26.6
Dec 2022
26.5
Nov 2022
-1.2
Jun 2012
530.3
Sep 1995
% Monthly1995-2022
United Kingdom
10.5
Dec 2022
10.7
Nov 2022
-0.1
Apr 2015
11.1
Oct 2022
% Monthly1989-2022

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