Topic:"Forecasting Methodology" in M11927

- 13 indirectly affect material costs. However, while the CPI provides a benchmark for inflation, it does not 28 M11927, Exhibit N-3, CA RIR-9(a), p. 3 of 3. 29 Statistics Canada, CPI, Monthly, Not Seasonally Adjusted [. Link.](https://www...

AI summary The text discusses the impact of the CPI on material costs, noting that while CPI serves as an inflation benchmark, it does not directly affect material costs. It references statistical data and exhibits from a regulatory proceeding.

3.1.3 Conclusion - In general Midgard concludes that NS Power did face an environment of dramatically increasing costs from - the time of its original submission to the time of the ATO Application. Inflationary pressures, as seen in both -...

AI summary Midgard concludes that NS Power faced significant cost increases due to inflation and other factors between the original submission and the ATO Application. Inflationary pressures, as seen in CPI and IPPI data, contributed to a 35-40% increase in certain categories, though the 85% increase in some line items may also be due to localized impacts or scope changes.

3.1.2 Conclusion - In general Midgard concludes that NS Power did face an environment of dramatically increasing costs from - the time of its original submission to the time of the ATO Application. Inflationary pressures, as seen in both -...

AI summary Midgard concludes that NS Power faced significantly increased costs due to inflation, as reflected in CPI and IPPI data, particularly in categories like concrete and fabricated metal products, which saw increases of 35-40% between the original submission and the ATO Application.