FCC Q2 Cable Inflation Adjustment Factor Is 2.1 Percent
The Q2 inflation adjustment factor for cable operators using FCC Form 1240 is 2.1 percent, almost identical to the 2.11 percent of Q2 2014, the Media Bureau said in a public notice Tuesday. The adjustment factor is “a measure of…
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the annualized change in prices” occurring from April 1 to June 30, the PN said. Cable operators can use the factor to adjust the nonexternal cost portion of their rates for inflation, the bureau said. The adjustments are based on changes in the Department of Commerce’s Gross National Product Price Index, the PN said.