costdata® commodity index
Price index calculation with the costdata® commodity index
With costdata® commodity index, product price changes using commodity price indices, as well as cost changes in the industry concerned, can be precisely determined for a specific period of time. The software is based on European data with approx. 4,000 European price indices, approx. 4,400 US price indices and listed commodities and allows for a long-term review of the cost development of the relevant industry. It provides an objective basis for assessing claims for price increases or price reductions, as well as the foundation for long-term cost planning and negotiation.
The software is a mobile application of costdata GmbH (cloud computing), which does not require a direct installation but only an existing /available internet connection.