Inflation in Russia (CPI) Current and historic Russian inflation (consumer price index)

This page shows the current and historic inflation figures for Russia based on the consumer price index (CPI).

Latest inflation rates from all over the world

CPI Russia (yearly basis)
Month
Inflation rate
November 2024
-
March 2022
16.70 %
February 2022
9.16 %
January 2022
8.74 %
December 2021
8.39 %
November 2021
8.40 %
October 2021
8.14 %
September 2021
7.41 %
August 2021
6.69 %
July 2021
6.47 %
June 2021
6.51 %
May 2021
6.01 %
CPI Russia (monthly basis)
Month
Inflation rate
November 2024
-
March 2022
7.61 %
February 2022
1.17 %
January 2022
0.99 %
December 2021
0.82 %
November 2021
0.96 %
October 2021
1.11 %
September 2021
0.60 %
August 2021
0.17 %
July 2021
0.31 %
June 2021
0.69 %
May 2021
0.74 %

Chart - historical CPI inflation Russia

Historical Inflation rates

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What is the Russian inflation based on CPI?

When we talk about the rate of inflation in Russia, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The Russian CPI shows the change in prices of a standard package of goods and services which Russian households purchase for consumption.

In order to measure Russian inflation, an assessment is made of how much the Russian CPI has risen in percentage terms over a give period compared to the CPI in Russia in a preceding period. If prices have fallen this is called deflation (negative inflation).