Thailand | 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
Kingdom of Thailand
Records
63
Source
Thailand | Consumer price index (2010 = 100)
1960 10.21121022
1961 10.96551131
1962 11.37080742
1963 11.37080742
1964 11.28074161
1965 11.29950532
1966 11.75546344
1967 12.26208357
1968 12.48161897
1969 12.78746742
1970 12.77620919
1971 12.83812943
1972 13.45920818
1973 15.54667077
1974 19.32661987
1975 20.35674747
1976 21.20141112
1977 22.81298696
1978 24.62070855
1979 27.05751018
1980 32.38878683
1981 36.49017667
1982 38.40922421
1983 39.84055802
1984 40.18513838
1985 41.16233294
1986 41.92040974
1987 42.95436035
1988 44.61357163
1989 47.00283588
1990 49.75907971
1991 52.60024981
1992 54.77745082
1993 56.59178499
1994 59.44839624
1995 62.90721202
1996 66.55904207
1997 70.30351898
1998 75.92409462
1999 76.14027061
2000 77.35240025
2001 78.61085331
2002 79.15901385
2003 80.58731947
2004 82.8108439
2005 86.57076195
2006 90.58545884
2007 92.615969
2008 97.68066353
2009 96.85456244
2010 100
2011 103.80879058
2012 106.93852129
2013 109.27500627
2014 111.34592261
2015 110.34333613
2016 110.55094679
2017 111.28680915
2018 112.47078678
2019 113.26565
2020 112.30749379
2021 113.68932004
2022 120.59868874

Thailand | 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
Kingdom of Thailand
Records
63
Source