Inflation Index

{
  "id": "MLC-T-ENV-014273",
  "term": "Inflation Index",
  "field": "Environment",
  "definition": "1. EPA shall make use of the Producer Price Index for Chemicals and Allied Products, as compiled by the U.S. Bureau of Labor Statistics, for purposes of determining the need to adjust the total annual sales values and for determining new sales values when adjustments are made. EPA may adjust the total annual sales values whenever the Agency deems it necessary to do so, provided that the Producer Price Index for Chemicals and Allied Products has changed more than 20 percent since either the most recent previous change in sales values or the date of promulgation of this rule, whichever is later. EPA shall provide Federal Register notification when changing the total annual sales values. (Described in Small Manufacturer or Importer)\n\n2. EPA shall use the Inflation Index described in the definition of small manufacturer that is set forth in § 704.3, for purposes of adjusting the total annual sales values of this small processor definition.",
  "references": [
    "40 CFR 704.3 (CFR 2013)",
    "40 CFR 704.33 (CFR 2013)"
  ],
  "url": "https://mlchart.com/terminology/environment/inflation-index/"
}