Federación Rusa Tasa De Inflación

The annual inflation rate in Russia rose to 9.9% in January of 2025 from 9.5% in the previous month, the highest since base effects from Russia’s invasion of Ukraine kicked in in February 2023. The result was in line with the Bank of Russia’s warning that inflation would approach the 10% threshold at the turn of the year amid a weaker ruble, a labor force crisis forced by military mobilization, and soaring levels of deficit spending that drove OFZ yields to surge. From the previous month, Russian consumer prices rose by 1.2%.