Publication - Progress report

Investment Planning and Prioritisation Group (IPPG) report: quarter 1 2022 to 2023

Published: 31 January 2023
Directorate: Energy and Climate Change Directorate
Topic: Business, industry and innovation
ISBN: 9781805254041

Progress of interventions to meet the needs on the development list – report Quarter 1 2022-23

Appendix 1

Inflation Assumption

The revised inflation assumption used are shown in Table 1. We recognise that some costs within our capital programme are increasing at a greater rate than the current CPI projection. We continue to assess and monitor this Capital Price Inflation value to allow us to better understand potential cost increases across the programme.

Table 1: CPI Assumption (%)
Inflation Assumption	2021-22	2022-23	2023-24	2024-25	2025-26	2026-27
Programme Inflation Assumption	4.00%	9.50%	5.00%	2.00%	2.00%	2.00%

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Email: waterindustry@gov.scot

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Appendix 1

Inflation Assumption

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