Appendix II: Rebasing factors for Apartment and Non-residential Building Construction Price Indexes

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To convert a 1997-based index to a 2002 base, just look for the appropriate rebasing factor in the following tables and multiply each element of the series by that factor. Expressed as a formula, the calculation is:

Figure 1

where Image is the 2002-based index, Image is the rebasing factor and Image is the 1997-based index.

Conversely, to convert the 2002-based index to a 1997 base, just look for the appropriate rebasing factor in the following tables and divide each element of the series by that factor. Expressed as a formula, the calculation is:

Figure 2

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