Myanmar | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of the Union of Myanmar
Records
63
Source
Myanmar | Consumer price index (2010 = 100)
0.15543806 1960
0.15521048 1961
0.15270708 1962
0.14861062 1963
0.14792787 1964
0.17409973 1965
0.21847809 1966
0.22029874 1967
0.22553311 1968
0.21574711 1969
0.20709902 1970
0.21142307 1971
0.22758134 1972
0.28493184 1973
0.35676789 1974
0.46970513 1975
0.57484582 1976
0.56819665 1977
0.53385083 1978
0.56413242 1979
0.56756321 1980
0.56937059 1981
0.59957422 1982
0.63345066 1983
0.66414966 1984
0.70936209 1985
0.77551338 1986
0.96753049 1987
1.12274949 1988
1.42812081 1989
1.67985245 1990
2.22197508 1991
2.70888115 1992
3.57116155 1993
4.43176813 1994
5.54833937 1995
6.45135361 1996
8.36722709 1997
12.6753073 1998
15.0076961 1999
14.99131287 2000
18.15467558 2001
28.51636793 2002
38.95042641 2003
40.716522 2004
44.53109747 2005
53.43575273 2006
72.15140982 2007
91.48765373 2008
92.8346659 2009
100 2010
105.02146015 2011
106.56273748 2012
112.57611414 2013
118.15234588 2014
129.32267176 2015
138.28321371 2016
144.6062642 2017
154.54408193 2018
168.18270066 2019
2020
2021
2022

Myanmar | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of the Union of Myanmar
Records
63
Source