Change in the consumer price index definition

Change in the consumer price index means the percent- age difference between the consumer price index, as defined in s.
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Change in the consumer price index means, the difference between the Consumer Price Index Base and the Consumer Price Index published in the month of the Adjustment Date.
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Change in the consumer price index means the difference between the consumer price index number last published before the date of the order under this section and the said
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Examples of Change in the consumer price index in a sentence

  • If rent will increase by “…Multiplying The Base Rent By The Annual Change In The Consumer Price Index (CPI)…” then mark the second choice.

  • If rent will increase by “…Multiplying The Base Rent By The Annual Change In The Consumer Price Index (CPI)…” then xxxx the second choice.


More Definitions of Change in the consumer price index

Change in the consumer price index is defined as the difference between the Consumer Price Index Base, as adjusted, and the Consumer Price Index for the second calendar month next preceding the month in which the applicable Adjustment Date falls. A Cost of Living Allowance equal to one cent per hour for each full of a point change in the Consumer Price Index shall become payable as an add-on and only included in Standard Hourly Wage Rates in the calculation of pay, as specified above, for all hours paid for. However, each such adjustment shall be reduced by an amount equal to the amounts, if any, of all prior adjustments which shall have been included in the Standard Hourly Wage Rates. Should the monthly Consumer Price Index in its present form as identified in (a) above become unavailable, the parties shall attempt to adjust this section, or, if agreement is not reached, request the Statistics Canada to provide an appropriate con- version or adjustment which shall be applicable as of the appropriate Adjustment Date and there- after. If the Consumer Price Index for any Adjust- ment date falls below the Consumer Price Index Base, there shall be no Cost of Living Adjustment. Temporary Transfer Pay Practices An employee will be paid for all hours worked on a shift at no less than the rate of the job on which he starts his shift. An employee who is assigned to a lower classified job will retain his rate for the period of the assignment. An employee who is assigned to a higher classified job will be paid his own rate or the rate of the job, whichever is higher for the balance of his shift, except that an employee who is assigned to a higher classified job for the purpose of relief will be paid the rate of the higher classified job for the time spent on such relief. The above paragraph will not apply to employees who relieve on skilled, trade or craft jobs during a shift for meal and rest periods. Wage Rate Inequity Grievances No basis shall exist for an employee, to allege that a wage rate inequity exists and no grievance on behalf of an employee alleging a wage rate inequity shall be filed or processed during the term of this Agreement for any job that has been classified in accordance with the proce- dures established for classifying new or changed jobs under the Manual. to Report Unless an employee is told by the end of the last shift he worked or at least twelve hours before his regular starting time not to come to work, he will be considered as having been ordered to report. If an employee ...
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Change in the consumer price index is defined as the difference between (i) the Consumer Price Index Base and (ii) the applicable Consumer Price Index, (MINUS ANY COST OF LIVING ADJUSTMENT, IF ANY, PREVIOUSLY PAID). (d) "Cost of Living Adjustment" is calculated as below and will be made every three months based on the cumulative change in the Index over the prior three month period, the first adjustment being effective October 1, 1993, based on the difference between the May 1993 Index and the August 1993 Index. Applying the same formula as above the remaining adjustment dates are January 1, 1994, April 1, 1994, July 1, 1994, October 1, 1994, January 1, 1995, April 1, 1995, July 1, 1995, October 1, 1995, January 1, 1996, April 1, 1996 and July 1, 1996. 30.2 Effective on each Adjustment Date, a Cost-of-Living Adjustment equal to 1 cent per hour for each full .4 of a point change in the Consumer Price Index shall become payable. 30.3 (a) The continuance of the Cost of Living Adjustment provided for in this Article is dependent upon the availability of the Consumer Price Index in its present form. In the event the Consumer Price Index in its present form becomes unavailable for any reason, the Parties shall substitute by mutual agreement any other official formula or publication issued by the United States Government. (b) The payment of any Cost of Living Adjustment will be made within a reasonable time after publication of the applicable Consumer Price Index and after a decision has been made to its application in accordance with Section 30.5. 30.4 When the cumulative adjustment amount reaches sixty cents, it shall be frozen for the life of this agreement. 30.5 The Employer agrees that any Cost of Living Adjustment may be applied, all or in part, to wages or a new fringe benefit or to improve an existing fringe benefit, as may be decided by a majority of the Vice Presidents representing the International Unions affiliated with the Pacific Coast Metal Trades District Council. It is understood that the implementation of any such decision as to any application of a Cost of Living Adjustment, or part thereof, to wages will be on a uniform basis among all employees represented by such International unions. 30.6 No adjustment, retroactive or otherwise, shall be made as a result of any revision which later may be made in the published figures for the Consumer Price Index for any month on the basis of which the Cost of Living Adjustment in this Article shall have been determined. 30.7 As soon as poss...
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Related to Change in the consumer price index

  • Consumer Price Index means the Consumer Price Index for

  • Consumer product means a chemically formulated product used by household and institutional consumers including, but not limited to, detergents; cleaning compounds; polishes; floor finishes; cosmetics; personal care products; home, lawn, and garden products; disinfectants; sanitizers; aerosol paints; and automotive specialty products; but does not include other paint products, furniture coatings, or architectural coatings. As used in this article, the term “consumer product” shall also refer to aerosol adhesives, including aerosol adhesives used for consumer, industrial, and commercial uses.

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.

  • Consumer means any person who is supplied with electricity for his own use by a licensee or the Government or by any other person engaged in the business of supplying electricity to the public under this Act or any other law for the time being in force and includes any person whose premises are for the time being connected for the purpose of receiving electricity with the works of a licensee, the Government or such other person, as the case may be;