Blog
October 31, 2024
t
Abby Pharis
Annual price increase
The table below defines the following for each country:
- the percentage price increase applied at the next planned price revision date
- the Applicable Consumer Price Index and a link to the index
- the currency of the Applicable Consumer Price Index
If the Applicable Consumer Price Index is based on a currency which is different from the invoicing currency, the Applicable Consumer Price Index shall be adjusted according to the exchange rate variation between these two currencies since previous price increase. For a given date, the exchange rate taken into account shall correspond to the average exchange rate of the calendar month immediately preceding the given date, calculated according to the exchange rates published by the European Central Bank. In such case the percentage price increase applied may be accordingly adjusted.
| Country | Invoice Currency | Date of next planned price revision5 and percentage increase | Reference Index and Link | Currency of Index | |
|---|---|---|---|---|---|
| USA | USD | January 1, 2024 | 5.00% | CPI-U Consumer Price Index for All Urban Consumers, US City Average as published by Bureau of Labor Statistics | USD |
| Japan | JPY | - | - | General CPI as published by Japanese Ministry of Internal Affairs and Communications | JPY |
| UK | GBP | January 1, 2024 | 5.00% | UK CPI as published by Office for National Statistics | GBP |
| Switzerland | CHF | January 1, 2024 | 2.00% | Switzerland Consumer Price Index rate as published by tradingseconomics.com | CHF |
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