Russia Inflation Rate

Last updated: 2024-12-14

Annual inflation

8.88%

YoY ending in Nov 2024

Monthly inflation

1.43%

November 2024

2015201520162016201720172018201820192019202020202021202120222022202320232024202411.29%12.95%5.35%2.54%4.25%3.05%4.88%8.42%11.92%7.42%8.88%15%15%12%12%9%9%6%6%3%3%0%0%

The graph above shows the annual inflation rates in Russia for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Russia Inflation Calculator.

The current inflation rate in Russia is 8.88%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in November 2024.

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Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 7.44 7.71 7.72 7.86 8.30 8.60 9.13 9.06 8.62 8.54 8.88
MoM 0.88 0.68 0.40 0.51 0.71 0.66 1.12 0.23 0.46 0.76 1.43
2023 YoY 11.81 10.96 3.51 2.29 2.50 3.25 4.31 5.16 6.03 6.67 7.48 7.42
MoM 0.86 0.43 0.38 0.38 0.30 0.38 0.63 0.29 0.87 0.82 1.10 0.73

Historical Annual Inflation Rates from 1993

The table below contains annual inflation rates in Russia from 1993. The 'Inflation %' column indicates how much prices have changed since the previous year.

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More historical data →