Glossary entry

Russian term or phrase:

индексация цен на природный газ

English translation:

indexation of regulated natural gas prices/rates

Added to glossary by Ligia Costa
Apr 5, 2013 15:56
11 yrs ago
Russian term

индексация цен на природный газ

Russian to English Bus/Financial Petroleum Eng/Sci gas price regulation
From a news report on a company's 2012 financial results:

Лидерами роста стали топливно-сырьевые продукты благодаря увеличению объемов производства и реализации по большинству продуктов, индексации регулируемых цен на природный газ, а также ослаблению среднего курса российского рубля по отношению к доллару США при практически неизменных котировках на нефть и нефтепродукты в долларовом выражении.

The "indexation" in question is, IMHO, a kind of an orderly price increase, controlled by the authorities etc., by a certain percentage, step by step.
What is the best way to put the phrase in English?
Change log

Apr 10, 2013 12:50: Ligia Costa Created KOG entry

Discussion

Artyom Timeyev (asker) Apr 5, 2013:
Could it be something like "thanks to the incremental rise of the state-regulated prices on natural gas"?

Proposed translations

+4
1 hr
Selected

indexation of regulated natural gas prices/rates

"Indexation is a technique to adjust income payments by means of a price index, in order to maintain the purchasing power of the public after inflation, while Deindexation refers to the unwinding of indexation.
From a macroeconomics standpoint there are four main categories of indexation: wage indexation, financial instruments rate indexation, tax rate indexation, and exchange rate indexation. The first three are indexed to inflation. The last one is typically indexed to a foreign currency mainly the US dollar. Any of these different types of indexation can be reversed (deindexation)."
Peer comment(s):

agree Ravindra Godbole
7 hrs
agree cyhul
15 hrs
agree Vladyslav Golovaty : indexation of the natural gas prices (keep it simple, pls)
17 hrs
agree alex suhoy
1 day 49 mins
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4 KudoZ points awarded for this answer. Comment: "Bowing to the majority; still I feel that "increase" is O.K."
13 mins
Russian term (edited): индексация регулируемых цен на природный газ

increase in regulated natural gas prices

"regulated" also applies to "increase" hence the normative aspect of "indexation" is rendered.
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