Increased linking of housing and community service rates has so far had little effect on inflation expectations.

Increased linking of housing and community service rates has so far had little effect on inflation expectations.

The indexation of citizens' payments for utility services in the Russian Federation from October 1 has not yet fully affected the population's inflation expectations, which are already at their highest levels in the past two years, the head of the Central Bank of the Russian Federation, Elvira Neviolina, said at a press conference on Friday. "The size of the indexation of service rates from October 1, according to preliminary data, slightly exceeded our forecast.