13.2 Inflation
Guidance notes - Inflation Guidance should be sought directly from the Relevant PPP Authority for inflation assumptions relating to long-term projects. The Relevant PPP Authority in this instance may include a number of public and private sector agencies in their estimation of the long-term inflation rate, e.g. Reserve Bank, Access Economics. |
Assumed inflation rate of 2.5 per cent per annum and 3.5 per cent per annum for labour related costs.15
________________________________________________________________________________________________
15 As advised by the relevant Treasury and/or Finance departments.