Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Russia
Quarterly
RUSCPGRHO02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
84.37%
Date Range
1/1/2012 - 10/1/2021
Summary
The Quarterly Russian Consumer Price Growth Rate measures the rate of change in consumer prices in Russia on a quarterly basis. This metric is crucial for understanding inflation dynamics and informing monetary policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly Russian Consumer Price Growth Rate tracks the percentage change in the overall price level of consumer goods and services in Russia compared to the previous quarter. This is a key indicator of inflationary pressures and an important input for the Central Bank of Russia's monetary policy.
Methodology
The data is calculated based on the Russian Consumer Price Index, a basket of goods and services tracked by the Federal State Statistics Service.
Historical Context
Policymakers closely monitor the Quarterly Russian Consumer Price Growth Rate to assess the effectiveness of monetary policy and make adjustments to interest rates and other tools.
Key Facts
- The data is reported on a quarterly basis.
- Russia has experienced periods of high inflation in recent history.
- Consumer price growth is a key input for the Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Russian Consumer Price Growth Rate tracks the percentage change in consumer prices in Russia compared to the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding inflation dynamics and informing monetary policy decisions in Russia.
Q: How is this data collected or calculated?
A: The data is calculated based on the Russian Consumer Price Index, a basket of goods and services tracked by the Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the Quarterly Russian Consumer Price Growth Rate to assess the effectiveness of monetary policy and make adjustments to interest rates and other tools.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Quarterly Russian Consumer Price Growth Rate (RUSCPGRHO02GPQ), retrieved from FRED.