If the inflation index increased by 10%, the principal of the bond would increase to 110 units.

But a few saw underlying pressures, especially the 6 percent annual-rate increase in service costs, which account for about half of the inflation index.

But economists generally took the rise in the inflation index in stride.

They also believe diamonds will rise above the inflation index.

If the inflation index goes up, so do their returns.

The inflation index is estimated by Commersant, the leading business newspaper, at 755 percent for 1991.

The Treasury doesn't know what inflation index to use.

The government's benchmark inflation index rose 1.61 percent last month, compared with an increase of 0.23 percent in June.

Inflation for the poor is 40-50% higher than the general inflation index.

The inflation index shows a slight increase in the cost of housing over the last six months.