20120416 - Referential GBP based on CPI (2011e)
[Technology] (Note: A newer edition of this article exists)
[<Normal page] [PEREZGONZALEZ Jose D (2011). Referential GBP based on CPI (2011e)3. Journal of Knowledge Advancement & Integration (ISSN 1177-4576), 2012, pages 121-122.]
Referential GBP
The following table provides the inflator/deflator multiplier for calculating referential British pounds (rGBP, r£). It is based on the average annual CPI for Great Britain (Rate Inflation, 20112). The formula is the following:
| rGBP = nominal GBP + (nominal GBP * multiplier) |
| Year | CPI A.Avg | Base 2010 | multiplier | |
|---|---|---|---|---|
| 1988 | 63.5 | 114.5 | 0.8031 | |
| 1989 | 66.8 | 114.5 | 0.7141 | |
| 1990 | 71.5 | 114.5 | 0.6014 | |
| 1991 | 76.8 | 114.5 | 0.4909 | |
| 1992 | 80.1 | 114.5 | 0.4295 | |
| 1993 | 82.1 | 114.5 | 0.3946 | |
| 1994 | 83.8 | 114.5 | 0.3663 | |
| 1995 | 86.0 | 114.5 | 0.3314 | |
| 1996 | 88.1 | 114.5 | 0.2997 | |
| 1997 | 89.7 | 114.5 | 0.2765 | |
| 1998 | 91.1 | 114.5 | 0.2569 | |
| 1999 | 92.3 | 114.5 | 0.2405 | |
| 2000 | 93.1 | 114.5 | 0.2299 | |
| 2001 | 94.2 | 114.5 | 0.2155 | |
| 2002 | 95.4 | 114.5 | 0.2002 | |
| 2003 | 96.7 | 114.5 | 0.1841 | |
| 2004 | 98.0 | 114.5 | 0.1684 | |
| 2005 | 100.0 | 114.5 | 0.1450 | |
| 2006 | 102.3 | 114.5 | 0.1193 | |
| 2007 | 104.7 | 114.5 | 0.0936 | |
| 2008 | 108.5 | 114.5 | 0.0553 | |
| 2009 | 110.8 | 114.5 | 0.0334 | |
| 2010 | 114.5 | 114.5 | 0.0000 | |
| 2011 | 119.6 | 114.5 | -0.0426 | |
| 2012* | 123.2 | 114.5 | -0.0705 | |
| 2013* | 126.9 | 114.5 | -0.0976 | |
| 2014* | 130.7 | 114.5 | -0.1239 | |
| 2015* | 134.6 | 114.5 | -0.1494 | |
| 2016* | 138.6 | 114.5 | -0.1742 | |
| 2017* | 142.8 | 114.5 | -0.1982 | |
| 2018* | 147.1 | 114.5 | -0.2216 | |
| 2019* | 151.5 | 114.5 | -0.2443 | |
| 2020* | 156.1 | 114.5 | -0.2663 | |
| 2021* | 160.7 | 114.5 | -0.2876 | |
| (*It assumes a 3% inflation rate for each year after 2011. These multipliers should be substituted with their real inflation values as soon as they are known.) | ||||
References
1. PEREZGONZALEZ Jose D (2010). Referential GBP based on CPI (2010e). Journal of Knowledge Advancement & Integration (ISSN 1177-4576), 2011, pages 97-98.
2. RATE INFLATION (2011). UK - Consumer Price Index (CPI) history. Retrieved from Rate Inflation on 16 April 2012.
+++ Footnotes +++
3. The 2011 edition updates the 2010 edition1 with the official CPI values for that year.
Want to know more?
- British pound inflation calculator
- Handy online calculator for estimating the value of the pound over time. Safalra's historical UK inflation price conversion calculator includes inflation for 2010; thus, using it as your base year, you can estimate historical referential British pounds (rGBP, r£) with easy.
- MeasuringWorth
- A handy website to learn about different inflation indexes and calculate the value of money according to those indexes.
- Wiki of Science - Referential currency (list of topics)
- This Wiki of Science page provides a list of topics related to referential currencies.
Author
Jose D PEREZGONZALEZ (2012). Massey University, Turitea Campus, Private Bag 11-222, Palmerston North 4442, New Zealand. (JDPerezgonzalez).
| Other interesting sites |
 Knowledge |
 WikiofScience |
 AviationKnowledge |
 A4art |
 The Balanced Nutrition Index |
page revision: 4, last edited: 21 Jun 2013 02:30
