In this article we explain how the inflation adjustment policy works for Brandtrack subscriptions.
The subscription fee may be periodically adjusted based on the official inflation indices of the country where the client's locations are based. This policy keeps the service value updated in line with the economic evolution of each market.
How adjustments are applied
The subscription price adjustment may occur:
- Quarterly, or
- Semi-annually
This will occur if the accumulated inflation for the period exceeds 10%.
If the accumulated inflation does not exceed 10% during those periods, the adjustment will be applied annually.
This policy applies to clients with more than 3 months of service.
Billing with special cycles
If your account has a semi-annual or annual billing cycle, the adjustment will be applied at the start of the next corresponding billing period.
| Country | Index | Institution |
|---|---|---|
| Spain | CPI | INE |
| Mexico | INPC | INEGI |
| Peru | CPI | BCRP |
| Colombia | CPI | Banco de la República |
| Chile | CPI | INE |
| United States | CPI | FED |
| Argentina | CPI | INDEC |
| Rest of Europe | CPI | FED |
| Rest of the world | CPI | ECB |
When can you see the adjustments in your invoices
Depending on the inflationary period, adjustments may be reflected in the following invoices:
- January: annual inflation.
- February: fourth quarter or second semester inflation.
- May: first quarter inflation.
- August: second quarter or first semester inflation.
- November: third quarter inflation.
Recent inflation reference by country
Some examples of recent inflation indices:
| Country | Inflation |
|---|---|
| Colombia | 10.50% |
| Honduras | 5.80% |
| Chile | 4.50% |
| Guatemala | 4.70% |
| Mexico | 3.90% |
| Dominican Republic | 3.00% |
| Peru | 3.00% |
| United States | 3.50% |
| Canada | 3.60% |
| Spain | 3.10% |
| El Salvador | 2.00% |
| Ecuador | 1.40% |
| Panama | 1.80% |
Important: adjustments are calculated solely based on official indices published by economic institutions in each country. These values may change over time according to updates from the corresponding institutions.
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