RTB HICP Rent Calculator

Is the RTB required to update their HICP Rent Calculator on a monthly basis? The RTB have published the August value for HICP but the calculator still uses the July HICP value.

The monthly rates come from the CSO published figures

Yes, I understand that the CSO first publishes the monthly figure and that the RTB then uses that figure to update the RTB HICP figure. My point was that the RTB Calculation Model had not been updated on the RTB website, to take account of the most recent month HICP figure as published by the RTB itself. It looked like the RTB was deliberately delaying the update to its model so as to prevent a higher inflation increase in rent. Anyway, the point is now moot as the Minister appears to want to cap increases at 2 per cent regardless of the model. With a little more effort he could structure a new model to reduce the existing rent by the inflation figure. That would certaintly further his intention to remove mom & pop landlords from the market as quickly as possible