LConforti - CPI-or-PPI.pdf

The document provides information from the NIGP Annual Forum and Products Exposition 2019 regarding the use of BLS index data for contract price adjustments. It covers various indexes such as the Producer Price Index (PPI), Employment Cost Index (ECI), Import Price Index (MXP), and Consumer Price Index (CPI). The document explains the uses and limitations of each index, along with examples of data covered by them. It also outlines how to calculate price adjustments using indexes, considerations for choosing the right index, and what to do in case of revised or missing data. Additionally, it includes details on contract terms, exceptions, and scenarios for contracting using index choices.