Inflation Rate and Consumer Price Index
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Russian inflation rate

Russia inflation summary for July 2023

Updated: August 31, 2023
Next update: September 30, 2023

Current Russia inflation rate

July 2023
4.2%
The Consumer Price Index for Russia is 239.6 for the month of July 2023. The inflation rate year over year is 4.2% (compared to 3.2% for the previous month). Inflation from June 2023 to July 2023 was 0.6%.

Previous Russia Inflation Rate

June 2023 to July 2023
0.6%

Month-to-Month Russia Inflation Rate

June 2023
3.2%

Recent inflation rates for Russia

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
202311.8%11.0%3.5%2.3%2.5%3.2%4.2%
20228.7%9.2%16.7%17.9%17.1%15.9%15.1%14.3%13.6%12.6%11.9%11.9%13.7%
20215.2%5.7%5.8%5.5%6.0%6.5%6.5%6.7%7.4%8.1%8.4%8.4%6.7%
20202.4%2.3%2.5%3.1%3.0%3.2%3.4%3.6%3.7%4.0%4.4%4.9%3.4%
20195.0%5.2%5.3%5.2%5.1%4.7%4.6%4.3%4.0%3.8%3.5%3.0%4.5%
All inflation rates are calculated using the Russia Consumer Price Index (CPI) series.