In the third quarter of 2023, Russia's consumer price index (CPI) increased by nearly 5 percent compared to the corresponding quarter of the previous year. The most significant surge over the observed period was in the second quarter of 2022, reaching nearly 17 percent. Russia suffered a currency crisis after it invaded Ukraine in February 2022, and Western countries imposed financial, economic, and trade sanctions on Russia. As a result, food consumer prices grew by almost 20 percent relative to the second quarter of 2021. In the third quarter of 2024, the growth rate of CPI slowed down for non-foods but remained high for services.
Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment
(compared to the corresponding quarter of the previous year)
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Russian Federal State Statistics Service. (January 17, 2024). Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment (compared to the corresponding quarter of the previous year) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/
Russian Federal State Statistics Service. "Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment (compared to the corresponding quarter of the previous year)." Chart. January 17, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/
Russian Federal State Statistics Service. (2024). Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment (compared to the corresponding quarter of the previous year). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/
Russian Federal State Statistics Service. "Change in Consumer Price Index (Cpi) in Russia from 2nd Quarter 2012 to 3rd Quarter 2024, by Product Segment (Compared to The Corresponding Quarter of The Previous Year)." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/
Russian Federal State Statistics Service, Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment (compared to the corresponding quarter of the previous year) Statista, https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/ (last visited January 08, 2025)
Change in consumer price index (CPI) in Russia from 2nd quarter 2012 to 3rd quarter 2024, by product segment (compared to the corresponding quarter of the previous year) [Graph], Russian Federal State Statistics Service, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1347576/russia-cpi-growth-by-segment-quarterly/
