Russia Inflation Rate in 2023
Inflation rate in Russia was 7.42% in 2023. That is 4.51 less than it was in the preceding 2022 and 2.10% less than in the following year of 2024.
In 2023 Russia ranked #1 in the world by yearly inflation rate.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | 0.84 | 0.46 | 0.37 | 0.38 | 0.31 | 0.37 | 0.63 | 0.28 | 0.87 | 0.83 | 1.11 | 0.73 | 7.42 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 11.76 | 10.97 | 3.51 | 2.30 | 2.50 | 3.24 | 4.30 | 5.13 | 6.00 | 6.68 | 7.47 | 7.42 | 7.42 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | 0.84 | 1.30 | 1.68 | 2.07 | 2.38 | 2.76 | 3.41 | 3.70 | 4.60 | 5.47 | 6.64 | 7.42 | 7.42 |
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