Russia Inflation Rate in 2024
Inflation rate in Russia was 9.51% in 2024. That is 2.10 more than it was in the preceding 2023 and 6.80% more than in the following year of 2025.
In 2024 Russia ranked #1 in the world by yearly inflation rate.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Month to month, % | 0.86 | 0.68 | 0.39 | 0.50 | 0.74 | 0.64 | 1.14 | 0.20 | 0.48 | 0.75 | 1.43 | 1.32 | 9.51 |

Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year over year (12 months), % | 7.44 | 7.67 | 7.69 | 7.82 | 8.29 | 8.58 | 9.13 | 9.04 | 8.62 | 8.53 | 8.88 | 9.51 | 9.51 |

Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Progressive (year to date), % | 0.86 | 1.55 | 1.94 | 2.45 | 3.21 | 3.87 | 5.05 | 5.26 | 5.77 | 6.56 | 8.09 | 9.51 | 9.51 |

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