Consumer Price Index measures the pricing levels in goods and services. Inflation rate is calculated month-by-month by Federal State Statistics Service. Inflation happens when prices rise, whereas purchasing value falls, put simpler, when too much money is chasing too few products.
Russian Consumer Price Index
| Russian Consumer Price Index increased on a monthly basis for June 2017 by 50% compared to previous month’s value. Results were reported at 0.6%, surpassing previous month’s value of 0.4% and beat expectations of 0.4%. Inflation Rate MoM in Russiapeaked at an all-time high point of100% in July of 1992and hit rock-bottom at-0.37% in August of 2003. |
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