Core consumer prices in Russia increased 8.28 percent in November of 2024 over the same month in the previous year. Core Inflation Rate in Russia averaged 8.13 percent from 2003 until 2024, reaching an all time high of 20.37 percent in April of 2022 and a record low of 1.80 percent in March of 2018. source: Federal State Statistics Service
Core Inflation Rate in Russia is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Core Inflation Rate is projected to trend around 5.80 percent in 2025 and 4.70 percent in 2026, according to our econometric models.