Russia Inflation Rate
Jun 2026 · Monthly
Russia's consumer price inflation eased to 6.01% in July 2026, down from 6.04% in June, according to the International Monetary Fund. The rate has remained in a narrow band between 5.35% and 6.04% since January 2026, after falling from 9.04% a year earlier. The latest reading stays well below the series all-time high of 1,065.57% recorded in September 1993, but remains above the all-time low of 2.20% set in February 2018. Producer price inflation, a separate series, stood at 0.65% year-on-year as of October 2025, the most recent available period for that indicator.
source: International Monetary Fund
Russia's annual inflation rate rose to 6.04% in June 2026 from 5.35% in May, ending a series of declines that had brought it to the lowest level since early 2026. The rate remains far below the all-time high of 1,065.57% recorded in September 1993.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 6.0% | 5.3% | 1065.6%Sep 1993 | 2.2%Feb 2018 | 1993 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Producer Price Inflation | 0.6% | -0.8% | 1171.8% | -15.5% | Oct 2025 | Monthly |
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About this series
Inflation Rate in Russia averaged 56.8% from 1993 until 2026, reaching an all-time high of 1065.6% in Sep 1993 and a record low of 2.2% in Feb 2018. The series is reported monthly with history from 1993.
The inflation rate measures the year-over-year change in the consumer price index for Russia, expressed as a percentage. Data are reported monthly by the International Monetary Fund, with the series spanning from January 1993 to the present.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
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