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I explain two in the most commonly employed During this scenario. The most nicely-recognised is The customer Value Index, which creates the “inflation” charge that we hear and examine in the news. Another option is the Construction Value Index. But Exactly what are those indices, and what have People prices been in recent years?
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The cost for this mix of construction labor and products is probably Significantly nearer to the particular fees that why not check here your h2o or wastewater utility may perhaps buy its infrastructure projects, at the least when compared with the prices of your CPI-U’s basket of consumer items. CCI isn’t ideal for utilities, but in monitoring variations to the costs of setting up infrastructure, CCI is better suited than CPI-U.
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