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

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