Russia Annual Inflation Rate
Russia's annual inflation rate rose to 6.69% in 2021, up from 3.38% in 2020, according to World Bank. This represents an increase of 3.31% from the previous year. Russia has annual inflation rate higher than the global median (6.69% vs median 3.16%). Compared with the median in Europe, Russia is higher (6.69% vs regional median 2.76%) and ranks 2nd out of 43 countries in Europe.
Yearly Historical Data (1993-2021)
(in %)Russia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Russia.