Russia Inflation Rate

Last updated: 2024-12-05

Annual inflation

8.54%

YoY ending in Oct 2024

Monthly inflation

0.76%

October 2024

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 8.54%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in October 2024.

In October 2024, the monthly inflation rate was 0.76.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

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
MoM 0.88 0.68 0.40 0.51 0.71 0.66 1.12 0.23 0.46 0.76
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.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 6.77%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1993 840.03 - -
1994 215.02 - -
1995 131.33 - -
1996 21.81 - -
1997 11.03 188.63 -
1998 84.44 92.24 -
1999 36.56 64.27 -
2000 20.20 37.18 -
2001 18.58 31.91 -
2002 15.06 32.15 95.30
2003 11.99 29.11 57.54
2004 11.74 16.45 38.31
2005 10.91 14.84 25.52
2006 9.00 12.52 21.83
2007 11.87 11.17 21.20
2008 13.28 11.26 19.85
2009 8.80 11.41 13.90
2010 8.78 10.23 12.51
2011 6.06 19.52 15.96
2012 6.64 18.64 14.85
2013 6.48 17.07 14.13
2014 11.29 16.26 13.81
2015 12.95 18.09 14.09
2016 5.35 8.39 13.82
2017 2.54 8.09 13.25
2018 4.25 7.30 12.08
2019 3.05 6.62 11.33
2020 4.88 4.28 10.97
2021 8.42 4.21 6.28
2022 11.92 6.16 7.12
2023 7.42 6.77 7.03

More historical data →