FAS approved the indexation of gas tariffs in Russia from December 1

According to TASS with reference to the order of the service, wholesale prices will be indexed by 8.5% from December 1, 2022.

The FAS stressed that the indexation of wholesale prices for citizens will be lower than inflation.

Earlier, the Moscow government adopted a package of documents on the indexation of the cost of utilities from December 1, 2022 and on changes in tariffs for urban transport from January 2, 2023.