Russia Inflation Surges Post-War

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Inflation

The Kyiv Independent

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Russia's inflation hits year-high, driven by war spending, food price hikes, Rosstat says

Summary

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78% Informative

Inflation in Russia has reached its highest levels in nearly a year , driven by war spending and rising food prices.

Consumer prices rose 0.33% during the week of Dec. 17-23 , pushing year-to-date inflation to 9.5% , surpassing the 2022 annual rate of 7.4% . Annual inflation now stands at 9.7% , with food prices surging by 11.41% — the steepest increase since October 2022 .