Samoa | 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
Independent State of Samoa
Records
63
Source
Samoa | Consumer price index (2010 = 100)
1960
1961 3.62839488
1962 3.72472395
1963 3.7504117
1964 3.94949178
1965 4.03297697
1966 4.14857185
1967 4.12716539
1968 4.19780671
1969 4.37119903
1970 4.4910752
1971 4.7051398
1972 5.05834638
1973 5.65342254
1974 7.0660816
1975 7.68703063
1976 8.06397854
1977 9.24218953
1978 9.43245469
1979 10.48130129
1980 13.94508239
1981 16.80474807
1982 19.87938251
1983 23.15155583
1984 25.89734616
1985 28.25154472
1986 29.87136347
1987 31.23554369
1988 33.89302251
1989 36.08338001
1990 41.58193262
1991 40.82547494
1992 44.51247989
1993 45.27590953
1994 50.74541231
1995 49.27200472
1996 51.9201876
1997 55.48285926
1998 56.71393219
1999 56.86429224
2000 57.41404619
2001 59.6177607
2002 64.41717791
2003 64.49179241
2004 75.01243575
2005 76.4052396
2006 79.23229978
2007 83.6511358
2008 93.32614823
2009 99.22898358
2010 100
2011 105.23541591
2012 107.39170941
2013 108.04689089
2014 107.60733876
2015 108.38692179
2016 109.80106622
2017 111.72247154
2018 116.41197635
2019 117.55552212
2020 115.71117887
2021 119.336647
2022 132.4181897
Samoa | 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
Independent State of Samoa
Records
63
Source