RSS   Newsletter   Contact   Advertise with us
Post Online Media

Russia: Inflation steadies in April

Russia inflation
Russia   Inflation was unchanged

In April, consumer prices in Russia rose 0.4% from the previous month, a notch above the 0.3% month-on-month increase observed in March. According to Rosstat, rising prices for food drove the index’s reading.

Inflation was unchanged at March’s 2.4% in April, a historically low level. Price pressures remain subdued and inflation lies far below the Central Bank’s target of 4.0%.

Annual average inflation declined from 3.1% in March to 3.0% in April, a historical low.

Panelists see inflation ending 2018 at 3.7%, which is unchanged from last month’s forecast. For 2019, participants expect inflation to end the year at 4.0%.


What to read next

POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.