Russia inflation rate for 2021 was 6.69%, a 3.31% increase from 2020.
Russia inflation rate for 2020 was 3.38%, a 1.09% decline from 2019.
Russia inflation rate for 2019 was 4.47%, a 1.59% increase from 2018.
Russia inflation rate for 2018 was 2.88%, a 0.81% decline from 2017.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
