INSEE Index definition
Examples of INSEE Index in a sentence
It will vary thus every year on the anniversary date of the taking-effect of the lease, through the application of the latest INSEE Index for construction costs – at national level – known at this anniversary date with reference to the index for the same period of the previous year.
The product so obtained (which may be a negative number if the I.N.S.E.E. Index has decreased on average during such period) shall be added to the API Price to determine the new API Price.
In that it is a commercial premise, the aforementioned rent shall be adjusted every three (3) years in accordance with the conditions provided for by law (INSEE Index).
The base index to be considered to review the rent is the INSEE Index of the construction cost for the second quarter of 1982 totalling 717.