Key findings: P0151 - Contract Price Adjustment Provisions Work Group Indices (CPAP), November 2016

In November 2016, month-on-month percentage changes in the work group indices ranged from -2,7% for work group 141 to 2,4% for work group 173. The Consumer Price Index for November 2016 increased by 0,3% month-on-month.

 

The two indices reflecting monthly percentage changes mainly due to factors other than the headline CPI are:

 

  • Work group 173: The monthly percentage increase of 2,4% reflected by this index was mainly due to a 20,0% monthly increase in the PPI for Foam insulation material, which accounts for approximately 40,0% of the work group 173 index.
  • Work group 141: The monthly percentage decrease of 2,7% reflected by this index was mainly due to a 6,4% monthly decrease in the PPI for Stainless steel products – flat rolled, which accounts for approximately 50,0% of the work group 141 index.