Inflation in Russia accelerated to 6.27% per annum.

      One of the main reasons for the sharp increase in inflation rates was the government's decision to raise the VAT rate from 20% to 22% starting from the first day of the current year.

      Photo: Artem Dergunov

      The Ministry of Economic Development of Russia published a report stating that the inflation rate as of January 12, 2026, was 6.27% year-on-year. Since the beginning of the month, the cost of food has increased by 1.4%, with a particularly noticeable jump in prices for vegetables and fruits, which rose by 7.88%. Prices for other types of products have risen slightly — by only 0.92%, reports TASS. One of the main reasons for the sharp increase in inflation rates was the government's decision to raise the VAT rate from 20% to 22% starting from the first day of the current year. This led to an increase in the cost of many goods and services. In particular, the price increase for services was the most significant, amounting to 1.81%. Food products continue to be the main reason for the acceleration of inflation. However, there is also a moderate increase in prices for non-food goods, which amounted to only 0.74% during the specified period. Thus, inflationary processes are developing unevenly across various segments of the economy. Earlier, "Real Time" reported that the World Bank predicts a slowdown in the Russian economy in 2026-2027.

      Ariana Rantseva

      More news about the event:

      Vegetables and strong alcohol led the price increase in Tatarstan in January 2026.

      In the first 12 days of January, cucumbers in the republic rose by 21%, while vodka increased by 4.2%, according to Rosstat data. 13:08 15.01.2026 TatCenter.ru - Kazan

      Inflation in Russia accelerated to 6.27% year-on-year since the beginning of January 2026.

      In the first days of the new year, consumer prices rose by 1.26%. According to the Ministry of Economic Development of Russia, the annual inflation in the country as of January 12, 2026, was 6.27%. 13:08 15.01.2026 TatCenter.ru - Kazan

      Rosstat revealed price increases after the VAT hike.

      Since the beginning of 2026, consumer prices in Russia have risen by 1.26%. This follows from Rosstat data. 22:57 14.01.2026 Business Online - Kazan

      Inflation in Russia accelerated to 6.27% per annum.

      One of the main reasons for the sharp increase in inflation rates was the government's decision to raise the VAT rate from 20% to 22% starting from the first day of the current year.

      Photo: Artem Dergunov

      The Ministry of Economic Development of Russia published a report. 22:35 14.01.2026 Real Time - Kazan

      The annual inflation in Russia as of January 12 was 6.27%.

      As of January 12, 2026, the annual inflation in Russia was 6.27%. This is stated in the review of the current price situation prepared by the Ministry of Economic Development of Russia. 20:30 14.01.2026 IA Tatar-inform - Kazan

      News from neighboring regions on the topic:

      Economist Kobyakov gave a forecast on inflation.

      In the first 12 days of January 2026, inflation in Russia was 1.26%, reports "Kommersant" citing Rosstat. 14:18 15.01.2026 IA Public News Service - Moscow

      Price growth at the beginning of January exceeded the result of late December by six times.

      Prices in Russia have risen by 1.26% since the beginning of the new year — this is more than the price increase for the entire January of last year. 10:57 15.01.2026 Newspaper Distant Outskirts - Vladivostok

      VAT 22%: who faces a hit to their wallet and how life will change for residents of Vladimir.

      VAT 22%: who faces a hit to their wallet and how life will change for residents of Vladimir.

      From January 1, 2026, large-scale tax changes came into effect in Russia, the main one being the increase of the VAT rate from 20% to 22%. 11:41 13.01.2026 Online Edition Vladimir News - Vladimir