FNPF-help please

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angi13
angi13 Registered Posts: 24 New contributor 🐸
in AAT Level 4 (Level 8 in Scotland)
Hello,

Please i need help to uderstand the following question:
Jan
Actual price was £6.80
Seasonal variation was +£0.40

Feb
Actual price was £6.40
Seasonal variation was -£0.10

March
Actual price was £7.00
Seasonal variation was +£0.40

Calculate the monthly movement in the price trend?

Thank you
Angi

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  • uknitty
    uknitty Registered Posts: 591 Epic contributor 🐘
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    Hi there


    To find the underlying trend you need to remove the effect of seasonal variation

    Jan 6.80 - 0.40 = 6.40

    Feb 6.40 + 0.10 = 6.50

    Mar 7.00 - 0.40 = 6.60

    The monthly movement in the price trend is + 0.10 a month
  • angi13
    angi13 Registered Posts: 24 New contributor 🐸
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    Hi,

    Thank you very much for you advise.
    Angi

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