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Why do RCs/AHRB use the GDP deflator as the basis of indexation in cash limits?

April 26, 2017ahrb basis cash deflator GDP limits RCS

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Why do RCs/AHRB use the GDP deflator as the basis of indexation in cash limits?

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The GDP deflator is a known standard and reflects the level of indexation that RCs/AHRB are likely to receive. They are therefore applying to ROs the same financial discipline that applies to Councils themselves.