Russian Finance Ministry: Brexit may affect indexation of pensions

The UK decision to leave the European Union increased the volatility in the economy and this factor will be taken into account when deciding on the indexation of pensions in 2016, the Russian Deputy Finance Minister, Airat Farrakhov, said.

According to him, this year's second indexation of pensions will be discussed following the first half of year. 

"Unfortunately, the UK's decision affected the volatility. It won't be decisive, but at the same time, the volatility has increased," TASS cited him as saying.