Based on the results of 9 months of 2026, the personal inflation index of the Association of Russian Banks (ARB) was almost 1.5 times higher than the official inflation rate from Rostat. ARB's personal inflation indicator amounted to 9.19% in the first nine months of 2026 (7.74% for the whole of last year). The inflation indicator according to Rostat for January-September 2026 was 6.35%.
those. "Personal inflation" accelerated in 2026 compared to last year. The "personal inflation" index proposed and calculated by the ARB, according to the association, is a more accurate indicator of price growth.
The term "personal inflation" should be understood as the fixed and mandatory expenses of every household during the month, which include:
- Housing expenses and community services.
- Food and current household expenses.
- Expenses on medicines,.
- Cellular communication,.
- Travel expenses by public transport.
That is, expenses that are incurred continuously throughout the year and do not take into account one-time or variable expenses (such as vacation costs, insurances, taxes, etc.). Last year, the Central Bank of the Russian Federation drew attention to "personal inflation" for the first time. In particular, the regulator noted that "the subjective assessment of inflation by the population is usually 1.5-2 times higher than the official assessment". This is what turns out every time when calculating the "personal inflation" of the ARB - it is always 1.5 times higher than the inflation according to Rostat.