20130531 - Referential GBP based on CPI (2012e)
[Technology] (Note: A newer edition of this article exists)
[<Normal page] [PEREZGONZALEZ Jose D (2012). Referential GBP based on CPI (2012e)3. Knowledge (ISSN 2324-1624), 2013, pages 97-98, doi:10.6084/m9.figshare.709023
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, 20122). 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 | 123.0 | 114.5 | -0.0691 | |
| 2013* | 126.7 | 114.5 | -0.0962 | |
| 2014* | 130.5 | 114.5 | -0.1225 | |
| 2015* | 134.4 | 114.5 | -0.1481 | |
| 2016* | 138.4 | 114.5 | -0.1729 | |
| 2017* | 142.6 | 114.5 | -0.1970 | |
| 2018* | 146.9 | 114.5 | -0.2204 | |
| 2019* | 151.3 | 114.5 | -0.2431 | |
| 2020* | 155.8 | 114.5 | -0.2651 | |
| 2021* | 160.5 | 114.5 | -0.2865 | |
| (*It assumes a 3% inflation rate for each year after 2012. These multipliers should be substituted with their real inflation values as soon as they are known.) | ||||
References
1. PEREZGONZALEZ Jose D (2011). Referential GBP based on CPI (2011e). Journal of Knowledge Advancement & Integration (ISSN 1177-4576), 2012, pages 121-122.
2. RATE INFLATION (2012). United Kingdom Consumer Price Index (CPI) history. Retrieved from Rate Inflation on 13 May 2013.
+++ Footnotes +++
3. The 2012 edition updates the 2011 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.
- WikiofScience - Referential currency (list of topics)
- This WikiofScience page provides a list of topics related to referential currencies.
Author
Jose D PEREZGONZALEZ (2013). 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: 7, last edited: 17 Dec 2014 23:08
