Federação Russa Taxa De Inflação

The annual inflation rate in Russia remained steady at a one-year peak of 7.7% in March 2024, matching the market forecasts. Upward pressure came from prices of services (8.3% vs 8.5% in the previous month), food (8.1%) and non-food products (6.7% vs 6.6%). Meanwhile, the core inflation rate accelerated to 7.8% in March from 7.6% in the previous period, marking the highest reading in over a year. On a monthly basis, consumer prices increased by 0.4%, slowing from a 0.7% gain in February.