6345.0 - Wage Price Index, Australia, Sep 2012

USE OF PRICE INDEXES IN CONTRACTS

Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses).

Topics @ a Glance - Inflation and Price Indexes contains a page Use of Price Indexes in Contracts that sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index.

This page last updated 13 November 2012

	Mobile Survey Participant Information About Us Careers Contact Us
	Australian Bureau of Statistics

Page tools: Print Page Print All RSS Search this Product
Main Features Changes in This Issue Commentary Use of Price Indexes in Contracts About this Release	USE OF PRICE INDEXES IN CONTRACTS Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses). Topics @ a Glance - Inflation and Price Indexes contains a page Use of Price Indexes in Contracts that sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index. Document Selection These documents will be presented in a new window. This page last updated 13 November 2012