PUBLIC NOTICE Federal Communications Commission 445 12th St., S.W. Washington, D.C. 20554 News Media Information 202 / 418-0500 Internet: http://www.fcc.gov TTY: 1-888-835-5322 DA 15-778 MEDIA BUREAU ACTION July 1, 2015 FIRST QUARTER 2015 INFLATION ADJUSTMENT FIGURES FOR CABLE OPERATORS USING FCC FORM 1240 NOW AVAILABLE As described in the instructions for FCC Form 1240, cable operators may adjust the non-external cost portion of their rates for inflation based on quarterly figures released by the Federal Communications Commission. The first quarter 2015 inflation factor for operators using FCC Form 1240 is -0.03%. The negative adjustment factor of -0.03% is a measure of the annualized change in prices occurring over the period from January 1, 2015 to March 31, 2015. All adjustments are based on changes in Gross National Product Price Index (GNP-PI) published by the United States Department of Commerce, Bureau of Economic Analysis (BEA). The Media Bureau obtained the chain-type price indices from the BEA news release dated June 24, 2015 (BEA 15-29) at Table 6 (Addenda: Gross National Product). The inflation adjustment factor is calculated by dividing the GNP-PI for the first quarter of 2015 (108.785) by the GNP-PI for the fourth quarter of 2014 (108.794). The result of this calculation is converted from a quarterly change measurement factor to an annual change measurement factor by raising it to the fourth power. Operators calculating the Inflation Factor for a True-Up Period which includes some portion of the first quarter of 2015 should enter the negative inflation factor on the appropriate lines of Worksheet 1 of FCC Form 1240 as “-0.0003”. Operators using this factor for calculating the Projected Period Inflation Segment of FCC Form 1240 should enter this number on Line C3 (January 1996 version), or Line C5 (July 1996 version) as “0.9997” (1 plus – 0.0003). To date, the Commission has released seventy-nine quarterly inflation factors for use with FCC Form 1240. 2The following table lists these factors beginning in 2008:1 Year Quarter Dates Covered Inflation Factor 2008 First Jan. 1, 2008 – Mar. 31, 2008 2.68% 2008 Second Apr. 1, 2008 – Jun. 30, 2008 1.11% 2008 Third Jul. 1, 2008 – Sep. 30, 2008 3.92% 2008 Fourth Oct. 1, 2008 – Dec. 31, 2008 0.55% 2009 First Jan. 1, 2009 – Mar. 31, 2009 2.76% 2009 Second Apr. 1, 2009 – Jun. 30, 2009 0.00% 2009 Third Jul. 1, 2009 – Sep. 30, 2009 0.41% 2009 Fourth Oct. 1, 2009 – Dec. 31, 2009 0.41% 2010 First Jan. 1, 2010 – Mar. 31, 2010 1.08% 2010 Second Apr. 1, 2010 – Jun. 30, 2010 1.08% 2010 Third Jul. 1, 2010 – Sep. 30, 2010 2.09% 2010 Fourth Oct. 1, 2010 – Dec. 31, 2010 0.41% 2011 First Jan. 1, 2011 – Mar. 31, 2011 2.06% 2011 Second Apr. 1, 2011 – Jun. 30, 2011 2.54% 2011 Third Jul. 1, 2011 – Sep. 30, 2011 2.57% 2011 Fourth Oct. 1, 2011 - Dec. 31,2011 0.89% 2012 First Jan. 1, 2012 - Mar. 31, 2012 2.03% 2012 Second Apr. 1, 2012 - Jun. 30, 2012 1.55% 2012 Third Jul. 1, 2012 - Sep. 30, 2012 2.65% 2012 Fourth Oct, 1, 2012 - Dec. 31, 2012 0.98% 2013 First Jan. 1, 2013 – Mar. 31, 2013 1.24% 2013 Second Apr.1, 2013 –June 30, 2013 0.65% 2013 Third Jul.1, 2013 – Sep.30, 2013 1.97% 2013 Fourth Oct. 1, 2013 – Dec. 31, 2013 1.56% 2014 First Jan. 1, 2014 – Mar. 31, 2014 1.28% 2014 Second Apr. 1, 2014 – Jun. 30, 2014 2.11% 2014 Third Jul. 1, 2014 – Sep. 30, 2014 1.42% 2014 Fourth Oct. 1, 2014 – Dec. 31, 2014 0.12% 2015 First Jan. 1, 2015 – Mar. 31, 2015 -0.03% The Commission releases a new quarterly inflation factor for operators using FCC Form 1240 four times each year. The inflation factor for a given quarter is usually released between three and four months after the end of the quarter, depending on the schedule of the Department of Commerce. The release of a new factor is posted on the Commission's Internet site at: http://www.fcc.gov/mb/csinflat.html. Media Contact: Janice Wise at (202) 418-8165 Media Bureau Contact: Jane Frenette at (202) 418-2245 TTY: (202) 418-0432 or 1 (888) 835-5322 --FCC-- 1 For pre-2008 inflation figures see DA 09-1500 (rel. July 2, 2009), for pre-2002 inflation figures see DA 06-1987 (rel. October 5, 2006), both available at http://www.fcc.gov/mb/csinflat.html.