Russia’s Annual Inflation Rate Drops to 5.58% in April 2026

According to data released by the Federal Statistics Service (Rosstat), Russia's annual inflation rate decreased to 5.58% in April 2026, down from 5.86% in March. Consumer prices rose by 0.14% on a month-on-month basis. The report highlights divergent trends across different sectors: food prices experienced a slight monthly decline of 0.2%, though they remained 4.02% higher than the previous year. In contrast, non-food prices increased by 0.26% monthly and 3.88% annually. The services sector saw the most significant annual growth, with prices rising by 9.9% compared to the previous year and 0.47% from March. Specific commodity movements included sharp price drops for vegetables like bell peppers and cucumbers, while meat products, fish, and bakery items saw modest increases. Fuel prices also edged up, with compressed natural gas rising by 1.2%. This data provides a detailed snapshot of the Russian economy's price stability and consumer cost pressures during the specified period.