2.5 Maximum price change of reserved services


The average weighted change of prices for reserved services (postal summonses and notifications service) must not exceed, in 2015, CPI + CPICF - 3.5%, in average nominal terms (paragraph 2 of article 10 of the pricing criteria).

Given that:

  • CPI means the inflation forecasted by the Government for 2015 and as such entered in the State Budget Report for 2015 (paragraph 2 of article 2), that is, CPI= 0.7%;
  • CPICF corresponds to the difference between the inflation value forecasted for 2014 in the 2015 State Budget Report (0%) and the inflation value (CPI) that had been forecasted for 2014 in the 2014 State Budget Report (1%), that is CPICF = -1,0% (=0% - 1%),

then the maximum price change of reserved postal services is -3.8% (= 0.7% - 1.0% -3.5%).

For reserved services, CTT propose, as follows from the above-mentioned provision, a nominal decrease of prices. CTT’s price proposal results in an overall average annual change by 3.8%, in compliance with the applicable maximum price change (Table 4).

Table 4 - Proposal reserved services price change

One-off change on 01.03.2015

Average annual change in 2015

SIMPLE NOTIFICATION BY POST

-4.8%

-3.7%

SUMMON AND NOTIFICATION BY POST

-4.7%

-3.8%

OVERALL CHANGE

-4.7%

-3.8%

Source: CTT and ICP-ANACOM.