Russia Inflation Rate — 2026 CPI Data, Trend & Outlook
Russia's inflation rate was 8.72% in December 2025, up from 8.43% the previous year. A year earlier it stood at 8.43%.
Russia's inflation rate stands at 8.72% as of December 2025. Over the latest readings, the inflation rate has moved within a band of 2.88% to 874.25%. The most recent figure of 8.72% is up from 8.43% a year earlier, and is 0.29% higher than a year ago.
The trend
Among the 193 economies tracked on this platform, Russia ranks #29 on inflation rate by latest value. It rose from 8.43% in the previous year, and compares with a year-earlier 8.43%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| Dec 2025 | 8.72% |
| Dec 2024 | 8.43% |
| Dec 2023 | 5.87% |
| Dec 2022 | 13.74% |
| Dec 2021 | 6.69% |
| Dec 2020 | 3.38% |
| Dec 2019 | 4.47% |
| Dec 2018 | 2.88% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Russia Right Now (2026)?
Russia's inflation rate was 8.72% in December 2025, up from 8.43% the previous year. A year earlier it stood at 8.43%.
Is the inflation rate rising or falling in Russia?
It rose in the latest reading — 8.72% in December 2025 versus 8.43% a year earlier. Year on year it is higher.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).