In statistics relating to national economies, the indexation of contracts also called "index linking" and "contract escalation" is a procedure when a contract includes a periodic adjustment to the prices paid for the contract provisions based on the level of a nominated price index. The purpose of indexation is to readjust contracts to account for inflation.[1][2] In the United States, the consumer price index (CPI), producer price index (PPI) and Employment Cost Index (ECI) are the most frequently used indexes.[3]
indexation, contracts, statistics, relating, national, economies, indexation, contracts, also, called, index, linking, contract, escalation, procedure, when, contract, includes, periodic, adjustment, prices, paid, contract, provisions, based, level, nominated,. In statistics relating to national economies the indexation of contracts also called index linking and contract escalation is a procedure when a contract includes a periodic adjustment to the prices paid for the contract provisions based on the level of a nominated price index The purpose of indexation is to readjust contracts to account for inflation 1 2 In the United States the consumer price index CPI producer price index PPI and Employment Cost Index ECI are the most frequently used indexes 3 See also editIndexation Purchasing power Bureau of Labor StatisticsReferences edit INDEXATION OF CONTRACTS Glossary of statistical terms OECD July 8 2005 Retrieved 2009 05 07 BLS Information Glossary U S Bureau of Labor Statistics Division of Information Services February 28 2008 Retrieved 2009 05 05 Contract Escalation BLS Information U S Bureau of Labor Statistics July 27 2006 Retrieved 2009 05 07 External links editContract escalation in glossary U S Bureau of Labor Statistics Division of Information Services INDEXATION OF CONTRACTS Glossary of Statistical Terms Contract Escalation nbsp This economics related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Indexation of contracts amp oldid 1147822103, wikipedia, wiki, book, books, library,
