index

Miss Dazy

hi, think i'm gettin this mixed up but... indexing would it be if you had 05 values and need to calculate 06 values

05 value x index figure from 05 / index figure from 06

or have i got the indexing backwards?

sammyd22

Indexing is used to adjust your figures for inflation for example.
2006 - RPI 142.5
2007 - RPI 150

If i have £100 in 2006 and want to adjust the amount for 2007 i would simply:

£100 x 150/142.5 = £105.27

Is this what you are asking?

Hope this helps.