Annual inflation in Russia decreased to 7.98%

Annual inflation in the Russian Federation in September 2025 was 7.98%, and monthly consumer prices increased by 0.34%. Rosstat announced this on October 10.

According to statistics, in August of the same year it was 9.46%, and on a monthly basis it was 0.4%, which indicates its decrease. However, prices for a number of non—food products rose by 0.59% month-on-month in September and by 3.58% year-on-year. Services increased in price by 0.47% compared to August 2025 and by 11.09% compared to September last year.

Food prices rose by 0.03% month—on-month in September after falling by 0.91% in August, and rose by 9.46% year-on-year.

Smooth year: real inflation will coincide with targets by the end of 2025

Experts point to the expected effect of the VAT increase

Anton Siluanov, the head of the Ministry of Finance of the Russian Federation, said on October 6 that the Ministry of Finance of Russia estimated the impact of an increase in value-added tax (VAT) on inflation of about 1%, this is taken into account in the forecasts of indexation of salaries and social benefits.

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