Inflation Rate in Russia decreased to 9.40 percent in June from 9.90 percent in May of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of January 27, 2025, the year-over-year inflation rate in Russia was measured at 8.15 percent, remaining unchanged from the previous week. The growth in consumer prices at the end of February and in March 2022 was caused by the war in Ukraine and subsequent international sanctions on Russia. In April 2024, the inflation rate in Russia reached 7.8 percent relative to the corresponding period of the previous year.

In May 2025, the inflation rate in Russia stood at **** percent compared to the same month in the previous year, showing an increase. The rate has been decreasing since March 2025. The highest rate during the observed period was recorded in April 2022, at **** percent. The term inflation means the devaluation of money caused by a permanent increase in the price level for products (consumer goods, investment goods). The Consumer Price Index (CPI) shows the price development for private expenses and shows the current level of inflation when increasing. Russia's economy, an outlook The Russian economy was expected to grow by *** percent in 2025 despite the Western sanctions over the war in Ukraine that began in February 2022. At the same time, consumer prices were projected to grow by around **** percent in 2025 relative to the previous year. In 2024, the inflation rate was estimated at **** percent. Prices in Russia Russia’s economy is highly dependent on and affected by the price of oil. The price of the Urals crude oil stood at approximately ***** U.S. dollars per barrel in April 2025, having demonstrated a decrease from the previous month. The highest producer price index (PPI) was recorded in the electricity and gas supply sector, with a price growth rate of over ** percent in September 2024.

Inflation Expectations in Russia remained unchanged at 13 percent in July. This dataset provides - Russia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

During the week ending January 27, 2025, consumer prices in Russia were 1.14 percent higher than at the beginning of the year. The year-to-date inflation rate continuously increased until mid-May 2022 and from mid-September 2022, reflecting the economic impact of sanctions on Russia due to the war in Ukraine.

The Consumer Price Index in Russia increased 0.20 percent in June of 2025 over the previous month. This dataset provides - Russia Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Inflation Expectation: Next 1-2 Months: Increase Significantly data was reported at 30.764 % in Mar 2025. This records an increase from the previous number of 29.826 % for Feb 2025. Russia Inflation Expectation: Next 1-2 Months: Increase Significantly data is updated monthly, averaging 34.000 % from Jun 2012 (Median) to Mar 2025, with 97 observations. The data reached an all-time high of 60.742 % in Feb 2022 and a record low of 20.000 % in Feb 2018. Russia Inflation Expectation: Next 1-2 Months: Increase Significantly data remains active status in CEIC and is reported by Russian Public Opinion Research Center. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE007: Inflation Expectations and Perception: Russian Public Opinion Research Center (VCIOM). [COVID-19-IMPACT]

The statistic shows the inflation rate in Russia from 1997 to 2024, with projections until 2030. The inflation rate is calculated using the price increase in a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g., gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Russia was at about 13.75 percent compared to the previous year. Russia's economic uplift Based on economic power and economic standards, Russia is recognized as one of the biggest economic powers in the world. With a population of around 143 million people and a re-awakened population growth since 2010, Russia has tried to establish itself as one of the world’s largest economies and wealthiest nations and succeeded, being the sixth-largest economy in the world today. The gross domestic product (GDP) increase in Russia from 2009 to 2014 is also a good indicator of Russia’s economic growth and strength. After the 1998 Russian financial crisis, several reforms were introduced to the Russian economy which allowed it to recover. Not only did the Russian economy experience a great boost, but the quality of life in Russia as well as the people’s satisfaction with the direction of the country has also improved. In comparison to the previous year - with the exception of 2009 -, the Russian real gross domestic product growth rate has increased over the past decade. The trade balance of goods has been experiencing a rapid increase since the beginning of the millennium, with the exceptions of 2007 and 2009 due to the global economic crisis. This allowed Russia to export more goods than it imported. This high trade balance of goods resulted in a low inflation rate in 2012, the lowest recorded inflation rate since 2004.

Russia Expected Inflation: Households with Savings data was reported at 12.400 % pa in Apr 2025. This records an increase from the previous number of 11.000 % pa for Mar 2025. Russia Expected Inflation: Households with Savings data is updated monthly, averaging 9.850 % pa from Jul 2017 (Median) to Apr 2025, with 86 observations. The data reached an all-time high of 17.200 % pa in Mar 2022 and a record low of 6.900 % pa in Mar 2020. Russia Expected Inflation: Households with Savings data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE006: Inflation Expectations: Central Bank of Russian Federation. [COVID-19-IMPACT]

Inflation, consumer prices (annual %) in Russia was reported at 6.6945 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Inflation, GDP deflator (annual %) in Russia was reported at 9.2757 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Russia Expected Inflation: Households without Savings data was reported at 13.900 % pa in Apr 2025. This records a decrease from the previous number of 15.100 % pa for Mar 2025. Russia Expected Inflation: Households without Savings data is updated monthly, averaging 11.800 % pa from Jul 2017 (Median) to Apr 2025, with 86 observations. The data reached an all-time high of 19.300 % pa in Mar 2022 and a record low of 8.500 % pa in Mar 2020. Russia Expected Inflation: Households without Savings data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE006: Inflation Expectations: Central Bank of Russian Federation. [COVID-19-IMPACT]

Core consumer prices in Russia increased 8.70 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Russia Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia Inflation Expectation Index data was reported at 78.710 % Point in Mar 2025. This records an increase from the previous number of 76.941 % Point for Feb 2025. Russia Inflation Expectation Index data is updated monthly, averaging 78.900 % Point from Jun 2012 (Median) to Mar 2025, with 97 observations. The data reached an all-time high of 84.500 % Point in Dec 2021 and a record low of 67.190 % Point in May 2022. Russia Inflation Expectation Index data remains active status in CEIC and is reported by Russian Public Opinion Research Center. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE007: Inflation Expectations and Perception: Russian Public Opinion Research Center (VCIOM). [COVID-19-IMPACT]

TV advertising prices in Russia were expected to increase by a rate ranging from 15 to 40 percent in 2025 compared to the previous year, according to four surveyed market players. Furthermore, the groups projected digital advertising prices to increase by up to 15 percent.

Russia Inflation Expectation: Next 1-2 Months: Decrease Significantly data was reported at 0.671 % in Mar 2025. This records a decrease from the previous number of 0.860 % for Feb 2025. Russia Inflation Expectation: Next 1-2 Months: Decrease Significantly data is updated monthly, averaging 0.723 % from Jun 2012 (Median) to Mar 2025, with 97 observations. The data reached an all-time high of 2.900 % in May 2022 and a record low of 0.000 % in Aug 2024. Russia Inflation Expectation: Next 1-2 Months: Decrease Significantly data remains active status in CEIC and is reported by Russian Public Opinion Research Center. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE007: Inflation Expectations and Perception: Russian Public Opinion Research Center (VCIOM). [COVID-19-IMPACT]

The price of fresh cucumbers in Russia was over 11 percent higher as of February 3, 2025, compared to end-December 2024. The cost of lamb, vodka, and several vegetables also saw a significant increase.

Russia Inflation Expectation: Next 1-2 Months: Number Change data was reported at 10.266 % in Mar 2025. This records a decrease from the previous number of 10.808 % for Feb 2025. Russia Inflation Expectation: Next 1-2 Months: Number Change data is updated monthly, averaging 8.395 % from Jun 2012 (Median) to Mar 2025, with 97 observations. The data reached an all-time high of 19.000 % in Feb 2018 and a record low of 2.000 % in Nov 2021. Russia Inflation Expectation: Next 1-2 Months: Number Change data remains active status in CEIC and is reported by Russian Public Opinion Research Center. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE007: Inflation Expectations and Perception: Russian Public Opinion Research Center (VCIOM). [COVID-19-IMPACT]

Cost of food in Russia increased 11.91 percent in June of 2025 over the same month in the previous year. This dataset 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 Inflation Expectation: Next 1-2 Months: Increase Insignificantly data was reported at 50.599 % in Mar 2025. This records an increase from the previous number of 49.260 % for Feb 2025. Russia Inflation Expectation: Next 1-2 Months: Increase Insignificantly data is updated monthly, averaging 48.000 % from Jun 2012 (Median) to Mar 2025, with 97 observations. The data reached an all-time high of 57.101 % in Feb 2023 and a record low of 28.982 % in Feb 2022. Russia Inflation Expectation: Next 1-2 Months: Increase Insignificantly data remains active status in CEIC and is reported by Russian Public Opinion Research Center. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE007: Inflation Expectations and Perception: Russian Public Opinion Research Center (VCIOM). [COVID-19-IMPACT]