MoM Change in Revised Consumer Price Index (CPI) in Russia

The final value of the Consumer Price Index (CPI) month-over-month measures how the prices of goods and services purchased by Russian consumers have changed from the previous month. This data is published monthly by the Russian Federal State Statistics Service (Rosstat) and is based on initial preliminary values that are later revised to final numbers.

Month-over-month data helps track how consumer prices are fluctuating over a short period. If the CPI increases, it indicates rising inflationary pressures, potentially reducing consumer purchasing power. Conversely, a decrease in the CPI suggests a risk of deflation, which could enhance consumer purchasing power.

This data serves as a crucial reference for policymakers to assess inflation trends and formulate appropriate monetary policies. It is also an important source of information for businesses and investors to understand price trends and forecast economic conditions.