Like other companies, M-Files has a standard for collecting consumer price index ("CPI") data from countries it conducts business in to understand rates of inflation. This page contains important information about the sources of M-Files' collection and application of CPI data.

This information is offered for informational purposes only and should not be interpreted as a legally binding commitment, but rather as information subject to change periodically. Similarly, M-Files cannot guarantee that any information on this website will be error-free or kept up to date all the time. M-FILES MAKES NO WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, BY POSTING SUCH INFORMATION OR ABOUT THE INFORMATION.

CPI Data Sources:

Each country generally reports monthly or quarterly CPI data through an official institution or agency responsible for reporting the economic data and statistics for such country. For example, in the United Kingdom the official institution is Office of National Statistics, and in the USA the official institution is Bureau of Labor Statistics.

We collect CPI data either directly from the official reporting institution for each country, or indirectly from globally reputable independent third-party institution, Organization for Economic Cooperation and Development (OECD), that aggregate CPI data from the official reporting institutions for each country, as applicable.

Staying Current:

We update our CPI data on a monthly basis and use the updated data during the full succeeding quarter. For example, we may update our table of CPI increase percentages in December, using CPI data through November or the most current data available at the time of analysis, for use in the first calendar quarter of the following year.

Using The Data:

We use the generalized total CPI (all items) data in the standard way. In other words, we measure the percentage increase (or decrease) from the CPI value as of the starting time period as compared to the CPI value at the current time period.

For example, let's say it's currently the third calendar quarter and we want to know the applicable inflation in the USA over the prior three years for use during the upcoming fourth calendar quarter. We measure the percentage increase in CPI for the USA from August three years ago to August this year. Applying this in 2022, where the August 2022 index value is 296.171 and the August 2019 index value is 256.558, we calculate [296.171/256.558 - 1], which equals 15.44%. Based on the example above, at the start of this quarter, it costs $1.1544 to purchase the same amount of goods and services that $1 could purchase at the start of this quarter three years ago.

For any questions, please contact pricingquestions@m-files.com