Russia Inflation Rate at 10-Month Low of 4%

The annual inflation rate in Russia decreased to 4 percent in September 2019 from 4.3 percent in the previous month and below market expectations of 4.1 percent. It was the lowest inflation rate since November 2018.
Federal State Statistics Service | Agna Gabriel | agna.gabriel@tradingeconomics.com 10/4/2019 1:28:14 PM
Year-on-year, cost slowed for both food (4.6 percent vs 5.0 percent in August) and non-food products (3.4 percent vs 3.5 percent) while services prices also eased (4.0 percent vs 4.4 percent). 

Annual core inflation rate edged down to a nine-month low of 4.0 percent in September from 4.3 percent in the previous month. 

On a monthly basis, consumer prices decreased 0.2 percent, the same as in the previous month and compared to market expectations of a 0.1 percent decrease. Food products cost continued to decline (-0.4 percent vs -0.9 percent) while services prices fell (-0.2 percent vs 0.2 percent). Meanwhile, inflation was steady for non-food items (at 0.2 percent). 

Russia Inflation Rate at 10-Month Low of 4%