CPI-U definition
Examples of CPI-U in a sentence
However, unless very unusual and significant changes have occurred in the industry, such increases shall not exceed 5% per year or, whichever is less, the latest yearly percentage increase in the All Urban Consumers Price Index (CPI-U) (National) as published by the Bureau of Labor Statistics, U.S. Dept.
This Contract shall have prevailing wage rates updated annually; yearly cost adjustments may be made accordingly at the discretion of the City in instances where prevailing wage rates increased above the annual Consumer Price Index-All Urban Consumers (CPI-U).
If the CPI-U is no longer published at the time of adjustment, the Parties shall use the successor index applicable conversion tables.
As used above, the "CPI" means the rate of increase over the prior twelve months of the Consumer Price Index of the U.S. Bureau of Labor Statistics, All Urban Consumers (CPI-U), U.S. City Average (1982-84=100).
The CPI-U used will be the CPI-U published by the Bureau during the month ninety (90) days preceding the adjustment under this Section 10.A. The amount of the increase under this Section 10.A. shall be equal to the percentage that the CPI-U has increased over the previous twelve (12) month period; provided, that such increase shall not be more than four percent (4%) in any given year.