D-1
TABLE D: INFLATION RATES
The inflation rates in Table D are based upon PBD 604 published by the Under Secretary of Defense (Comptroller) on January 7,
2003. The Table D inflation guidance has an arbitrary baseline of 1.00 for October 2005. The inflation indices are based on the
Engineering News Record (ENR) historic data through October 2002 and the Comptroller-projected inflation rates after that date.
Mid-Point
(Note 1)
(Note 2)
(Note 3)
of
ENR
OSD
OSD
Fiscal
Construction
Indices
Inflation rate
Inflation
Year
(Month Yr)
(Raw)
%
Indices
Inflation multipliers through October 2002 are
1980
Oct 80
1976
0.521
Note 1:
based on Engineering News Record Building
1981
Oct 81
2151
0.567
Construction Indices.
1982
Oct 82
2262
0.597
1983
Oct 83
2416
0.637
1984
Oct 84
2424
0.639
Inflation multipliers after October 2002 are
1985
Oct 85
2441
0.644
Note 2:
from PBD 604 (Jan 7, 2003) published by
1986
Oct 86
2511
0.662
USD (Comptroller)
1987
Oct 87
2569
0.678
1988
Oct 88
2612
0.689
1989
Oct 89
2662
0.702
1990
Oct 90
2728
0.720
1991
Oct 91
2786
0.735
1992
Oct 92
2867
0.756
1993
Oct 93
3016
0.795
1994
Oct 94
3116
0.822
Use these inflation indices to adjust unit costs
1995
Oct 95
3117
0.822
Note 3:
for projects FY 2005 and beyond unless
1996
Oct 96
3284
0.866
OUSD modifies the rate. The inflation rates
1997
Oct 97
3372
0.889
are subject to change during the course of the
1998
Oct 98
3423
0.903
budget.
1999
Oct 99
3505
0.924
2000
Oct 00
3547
0.936
2001
Oct 01
3602
0.950
2002
Oct 02
3651
0.963
2003
Oct 03
3680
0.80%
0.971
2004
Oct 04
3735
1.50%
0.985
2005
Oct 05
3791
1.50%
1.000
2006
Oct 06
3852
1.60%
1.016
2007
Oct 07
3918
1.70%
1.033
2008
Oct 08
3988
1.80%
1.052
2009
Oct 09
4060
1.80%
1.071
2010
Oct 10
4133
1.80%
1.090
2011
Oct 11
4207
1.80%
1.110
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