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