Tertiary Activities Rent Index / TARI

Sources
Dernière mise à jour le : 07/07/2017

Présentation de l'opération

Organisme producteur :

Insee. Direction des statistiques d'entreprises (DSE)

Type d'opération :

Prices Index

Objectifs :

Article 63 of the law of May 17th, 2011 (Law 2011-525) established the Tertiary Activities Rent Index. Decree n°2011-2028 of December 29, 2011 set out the firms concerned and the procedures for calculating and publishing the index.

The Tertiary Activities Rent Index (TARI) is used for indexation of the professional leases, concerning the activities other than commercial.

Since the Act 2014-626 of 18 June 2014 (Article 9) which amends the former act and the article L145-34 of the Commercial Code resulting two indices can be used for the revision of commercial property leases:

- The Commercial Lease Index (ILC) for commercial and craft activities;

- The Tertiary Activities Rent Index (TARI) for tertiary activities other than commercial which are carried on in business premises, including in particular professions and activities in logistics warehouses.


Champ de l'opération

Champ géographique :

Metropolitan France.

Champ(s) statistique(s) couvert(s) :

The Tertiary Activities Rent Index (TARI) is used for indexation of the professional leases, concerning the activities other than commercial, in particular for the activities of professional people and logistics warehouse.

Caractéristiques techniques

Période et mode de collecte :

Quarterly

Méthodologie :

The Tertiary Activities Rent Index (TARI) consists of a weighted sum of three indices:

- the consumer price index for consumption excluding tobacco and rents (IPCL in French) of all households, on mainland and overseas departments;
- the "Cost of Construction Index" (CCI, ICC in French);
- the level of the gross domestic product in value measured from the quarterly Gross domestic product  in value adjusted for seasonal and working days (GDP, PIB in French) published by Insee.

The three indices contribute to the calculation of the TARI according to the following weightings: Quarterly tertiary activities rent index(TARI) = 50% mIPCL + 25% mICC + 25% mPIB

Each of the indices composing the TARI is calculated as a mean :
- over 12 consecutive months for consumer prices, which is a monthly index (mIPCL);
- over 4 consecutive quarters for the cost of construction index and Gross domestic product in value, which are quarterly (mICC and mPIB).

To calculate these means, the last month (or quarter) taken into consideration corresponds to the last month of the quarter (or to the quarter) for which the TARI is being calculated.

Each of the means calculated in this way and the TARI itself are expressed in reference 100 for the first quarter of 2010. 

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