pev - indexation

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Beata
Beata Registered Posts: 1 New contributor 🐸
in AAT Level 4 (Level 8 in Scotland)
Does anyone know how to calculate index. We had it last year but I cannot remember... Please help...! :001_unsure:
Thanks

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  • accountschic
    accountschic Registered Posts: 15 New contributor 🐸
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    Hi

    Hope this helps

    To calcualte an RPI Other years figure/ base year figure *100 = RPI

    To Deflate RPI base year/ RPI year you are looking at * 100

    To Inflate RPI year you are looking at / base year RPI * 100


    Maybe some help.

    To Everyone taking exams next week, best of luck. could not agree more with those saying so sos sick of it and want a life back!! Ams ure we will all be very merry next weekend !! And well deserved it will be.

    :001_smile:
  • accountschic
    accountschic Registered Posts: 15 New contributor 🐸
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    Sorry ... been revising all day

    The deflate inflate is not *100 but the cost of the "item" you are assessing.


    Soz!!

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