price index

Price indexes measure, typically as a weighted average, how the prices for specific categories of goods or services compare to a designated base reference period. Price indexes are a reflection of the price inflation or deflation from one period to another.

Archibus uses price indexes to automatically calculate adjustments for costs having the BASE RENT cost category You specify the leases for which you want to use indexing. You periodically import values for the indexes referenced in your leases into Archibus.