MoM Change in Consumer Price Index (CPI) in Russia

The month-over-month Consumer Price Index (CPI) measures the change in the prices of goods and services purchased by Russian consumers from one month to the next. This data is published monthly by the Russian Federal State Statistics Service (Rosstat) and is crucial for assessing trends in consumer prices.

The month-over-month data helps understand how consumer prices are fluctuating in the short term. If the CPI increases, it indicates rising inflationary pressures, which may reduce consumer purchasing power. Conversely, if the CPI decreases, there is a risk of deflation, potentially enhancing consumer purchasing power.

This information serves as a reference for policymakers to evaluate inflation trends and formulate appropriate monetary policies. It is also a vital source for businesses and investors to gauge price movements and forecast economic conditions.