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Annual inflation in most regions speeds up in September

18 October 2023
News

The acceleration of inflation was mostly caused by high consumer demand and the ruble weakening.

Annual growth rates of food and non-food prices trended upwards in almost all Russian regions. Meat products, imported fruit, cars and motor fuels were among the main contributors to the price growth.

The annual increase in service prices sped up in a greater number of regions in September, which was predominantly associated with more expensive transportation and housing rent.

More details on inflation in each Russian region are available in the information and analytical materials published on the Bank of Russia website.

Preview photo: Kirill Kukhmar / TASS