A.7 - How is the inflation rate applied?
A.7 - How is the inflation rate applied?
Answer
For Fees and Charges applicable under Commission Regulation (EU) 319/2014: In accordance with Chapter I Article 3(4) and Chapter VI Article 19(1)(d), all Fees and Charges indicated in Parts I and II of the Annex shall be indexed by the inflation rate yearly on 1 January - starting on 1 January 2015.
| Date | Indexation rate (%) | Accumulated Factor |
|---|---|---|
| 01/01/2015 | 0.7 | 1.007 |
| 01/01/2016 | 0.0 | 1.007 |
| 01/01/2017 | 0.1 | 1.00801 |
| 01/01/2018 | 1.5 | 1.02313 |
| 01/01/2019 | 1.8 | 1.04154 |
For Fees and Charges applicable under Commission Implementing Regulation (EU) 2019/2153: In accordance with Article 3, all Fees and Charges indicated in Parts I, II and IIa of the Annex shall be indexed by the inflation rate yearly on 1 January - starting on 1 January 2021.
| Date | Indexation rate (%) | Accumulated Factor |
|---|---|---|
| 01/01/2021 | 1.0 | 1.010 |
| 01/01/2022 | 1.7 | 1.027 |
| 01/01/2023 | 7.7 | 1.106 |
| 01/01/2024 | 8.3 | 1.198 |
Last updated
08/11/2023