Base Index definition

Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.
Base Index means the arithmetic average of the final version of the indexes published for the months, or quarters for ECI, preceding the closing date for receipt of proposals or the date required for receipt of final proposal revisions, if discussions were held.
Base Index means the CPI for the first month of the first Lease Year.

Examples of Base Index in a sentence

  • Formula is as follows: Current Index – Base Index / Base Index = % of Change % of Change x 100 = Percentage Change CPI-U Calculation Example: CPI for current period Less 232.945 CPI for base period Equals 229.815 index point change Divided 3.130 by base period CPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% A price increase may be requested only at each time interval specified above, using the methodology outlined in this section.

  • Formula is as follows: Current Index – Base Index / Base Index = % of Change % of Change x 100 = Percentage Change PPI Calculation Example: PPI for current period 232.945 Less PPI for base period 229.815 Equals index point change 3.130 Divided by base period PPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% A price increase may be requested only at each time interval specified above, using the methodology outlined in this section.


More Definitions of Base Index

Base Index has the meaning indicated in Section 4.2(b).
Base Index means the Index in effect on the Commencement Date.
Base Index means the Price Index issued for December 31, 1998.
Base Index has the meaning set forth in Section 8.1.3.1(a) of the Comprehensive Maintenance Agreement.
Base Index has the meaning set forth in Section 8.1.3.
Base Index means the index published most recently prior to the previous day of the update, and with respect to the first day of the update after the commencement of this Law, this means the index published in July 2000.
Base Index means the Index in effect in December of the fifth calendar year prior to each Adjustment Date.