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Egencia COLA

Amex GBT Egencia (Egencia™) will apply an annual Cost of Living Adjustment (COLA) to offset inflation in accordance with the terms of our agreement. This fee adjustment aligns with the prevailing rate of inflation reported by the local country Bureau of Statistics, and takes effect on January 1 of each year after your first contract anniversary date, and each 12 months thereafter.

Country

Oct-23

Local Data Source

Argentina143.00https://www.bcra.gob.ar/PublicacionesEstadisticas/Principales_variables_datos_i.asp 
Australia**5.40Australian Bureau of Statistics (ABS)
Belgium0.36Belgium in figures
Brazil4.82https://www.bcb.gov.br/en/publications/inflationreport 
Canada3.10Statistics Canada
Chile5.00https://www.ine.gob.cl/statistics/economic/price-indices-and-inflation/consumer-price-index 
China-0.20http://www.stats.gov.cn/english/PressRelease/202211/t20221109_1890149.html
Czech Republic8.50Czech Statistical Office
Denmark0.10Statistics Denmark
Finland4.90Statistics Finland
France*4.00Eurostat Labor Cost Index
Germany3.80Federal Statistical Office of Germany
Hong Kong2.70Central Government Offices
India4.87Ministry of Statistics and Programme Implementation (MOSPI)
Ireland5.10Central Statistic Office
Italy1.69Italian National Institute of Statistics
Mexico4.26https://www.banxico.org.mx/tipcamb/main.do?page=inf&idioma=en
Netherlands-0.40Centraal Bureau voor de Statistiek
New Zealand**5.60Stats NZ Tatauranga Aotearoa
Norway4.00Statistics Norway
Poland6.60Narodowy Bank Polski
Singapore4.70Singapore Department of Statistics
South Africa5.90Statistics South Africa
Spain3.50Instituto Nacional de Estadistica
Sweden6.50Statistics Sweden
Switzerland1.70Federal Statistical Office
United Kingdom4.60Office for National Statistics
United States3.20U.S. Bureau of Labor Statistics

 

*France datasource changed in Jun 2023 - from Y-Charts to European Commission dataset. 
** Australia & NZ are updated each quarter