Inflation forecast · World Bank data
Russia inflation forecast
Inflation (CPI, annual %)
Latest · 2025
8.7%
Inflation in Russia is forecast at 5.2% in 2026, with an 80% range of 0.1% to 15.8%. The latest World Bank figure is 8.7% for 2025.
For 2027 and 2028 the model projects 6.2% and 7.6% (−1.2 pp versus 2025).
Display-only line. World Bank data is annual: the forecasts are the yearly points marked on the chart. The monthly line between them is a straight-line interpolation for display, not a monthly forecast.
- 20261 yr ahead
- 5.2%▼ −3.5 pp80%: 0.1% – 15.8%
- 20272 yr ahead
- 6.2%▼ −2.5 pp80%: 0.9% – 17.1%
- 20283 yr ahead
- 7.6%▼ −1.2 pp80%: 1.2% – 20.1%
Backtest · last 5 years
How accurate has this been?
| Horizon | Tests | Avg. error | Naive error | In 80% range |
|---|---|---|---|---|
| 1 yr ahead | 5 | 4.32 pp | 4.22 pp | 100% |
| 2 yr ahead | 4 | 3.59 pp | 4.84 pp | 100% |
| 3 yr ahead | 3 | 1.55 pp | 3.08 pp | 100% |
We re-ran the model as if standing at past dates, using only the data available then. Avg. error is the mean absolute gap between the median and what happened (percentage points); naive assumes no change from the last value. A well-calibrated 80% range contains about 80% of outcomes. Annual series have few test points, so treat these as rough. Methodology
Source data
Recent values
| Year | Value | Change |
|---|---|---|
| 2025 | 8.7% | +0.29 pp |
| 2024 | 8.4% | +2.57 pp |
| 2023 | 5.9% | −7.88 pp |
| 2022 | 13.7% | +7.05 pp |
| 2021 | 6.7% | +3.31 pp |
| 2020 | 3.4% | −1.09 pp |
| 2019 | 4.5% | +1.59 pp |
| 2018 | 2.9% | −0.81 pp |
| 2017 | 3.7% | −3.36 pp |
| 2016 | 7.0% | −8.49 pp |
About this forecast
- Source
- World Bank, World Development Indicators · series FP.CPI.TOTL.ZG
- Data through
- 2025 · 33 observations
- Forecast updated
- Sep 28, 2026
- Model
- TimesFM 2.5 (Google Research, Apache-2.0), zero-shot
More forecasts for Russia
Russia overviewOther inflation forecasts
All 39Statistical model, not financial advice. This forecast is generated automatically from public data; the 80% range means outcomes are expected outside it about one time in five. Don't make financial decisions based only on it.
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