SAP Real Estate module features a function that adjust rent by Consumer Price Index. Based on a corresponding index, the new rental fee is adjusted with reference to an identified rent-index ratio.
For example, based on the attached index, if the rent on April 2000 is $1,000, the adjusted rent on April 2007 would be about $1,207. That is, if the index rate 178.7 corresponds to rent of $1,000, then index rate 215.8 should correspond to rental rate of $1,207.
The Bureau of Labor Statistics updates CPI data here. As per this website, the November 2007 CPI data are scheduled to be released on December 14, 2007.
For example, based on the attached index, if the rent on April 2000 is $1,000, the adjusted rent on April 2007 would be about $1,207. That is, if the index rate 178.7 corresponds to rent of $1,000, then index rate 215.8 should correspond to rental rate of $1,207.
The Bureau of Labor Statistics updates CPI data here. As per this website, the November 2007 CPI data are scheduled to be released on December 14, 2007.
