Russian Federation Inflation Rate

Last Release

Feb 28, 2025

Actual

10.1

Units In

9.9

Frequency

Monthly

Next Release

Apr 11, 2025

Time to Release

28 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
2,333.3 Dec 1992	2.18 Feb 2018	101.22 %	1991-2025	Federal 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 quickened for the fourth month to 10.1% in February 2025, from 9.9% in January, as anticipated, and remained well above the central bank's 4% target. It was the steepest inflation rate since February 2023, driven by prices of food (11.7% vs. 11.1% in January), notably butter (34.8%), frozen fish (22.2%) and fruit and vegetables (16%). Additional upward pressure came from prices of services (12.7% vs. 13%) and non-food products (6.1% vs 6.1%). On a monthly basis, consumer prices rose by 0.8%, marking the smallest increase in four months.