Europe & Central Asia
Russian Federation Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
8.4%
As of 2024
YoY Change
+43.8%
2023 → 2024
Record High
874.2%
Recorded in 1993
Record Low
2.9%
Recorded in 2018
10-Year Average
7.2%
2015–2024
Data Range
1993–2024
32 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1993 – 2024
Analysis
The Russian Federation's inflation rate stands at 8.43% as of 2024, indicating a moderate increase in prices of goods and services. This inflation rate may be influenced by various factors such as monetary policy, economic sanctions, and global market trends. The Russian government may need to implement policies to control inflation and maintain economic stability.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 8.4% | 2.6% | +43.8% |
| 2023 | 5.9% | 7.9% | -57.3% |
| 2022 | 13.7% | 7.0% | +105.3% |
| 2021 | 6.7% | 3.3% | +97.9% |
| 2020 | 3.4% | 1.1% | -24.4% |
| 2019 | 4.5% | 1.6% | +55.4% |
| 2018 | 2.9% | 0.8% | -21.9% |
| 2017 | 3.7% | 3.4% | -47.7% |
| 2016 | 7.0% | 8.5% | -54.7% |
| 2015 | 15.5% | 7.7% | +98.6% |
Source: World Bank Open Data · 1993–2024
Neighbouring Countries Ranking
Europe & Central Asia · Inflation
Similar Rankings
Global · Inflation
