According to a consensus forecast, Russia's inflation rate was expected to increase by nearly 20 percent in 2022 as a consequence of the invasion of Ukraine and subsequent international sanctions on Russia. Furthermore, consumer prices in Ukraine were forecast to rise by 26 percent in 2022 and nearly 15 percent in 2023.
Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023
Characteristic
Russia
Ukraine
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FocusEconomics. (March 30, 2022). Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/
FocusEconomics. "Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023." Chart. March 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/
FocusEconomics. (2022). Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/
FocusEconomics. "Forecast Growth in Consumer Price Index (Cpi) in Russia and Ukraine in 2022 and 2023." Statista, Statista Inc., 30 Mar 2022, https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/
FocusEconomics, Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023 Statista, https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/ (last visited July 22, 2024)
Forecast growth in consumer price index (CPI) in Russia and Ukraine in 2022 and 2023 [Graph], FocusEconomics, March 30, 2022. [Online]. Available: https://www.statista.com/statistics/1315377/inflation-forecast-russia-ukraine/