How to Use the CPI for Contract Escalation
CPI for current period = 232.945 Less CPI for previous period – 229.815 Equals index point change = 3.130 Divided by previous period CPI ÷ 229.815 Equals = 0.0136 Result multiplied by 100 = 0.0136 x 100 Equals rounded percent change = 1.4% ................
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