What is the consumer price index for 2020?

What is the consumer price index for 2020?

The all items CPI-U rose 1.4 percent in 2020. This was smaller than the 2019 increase of 2.3 percent and the smallest December-to-December increase since the 0.7-percent rise in 2015. The index rose at a 1.7- percent average annual rate over the last 10 years.

Who calculate CPI in Thailand?

Reference CPI is calculated using the CPI data obtained from Bureau of Trade and Economic Indices, Ministry of Commerce – http://www.price.moc.go.th. 2.

What is the current consumer price index?

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 8.5 percent over the last 12 months to an index level of 287.504 (1982-84=100). For the month, the index increased 1.3 percent prior to seasonal adjustment.

What is inflation rate in Thailand?

Research expert covering historical data. Nov 17, 2021. In 2019, the average inflation rate in Thailand amounted to about 0.71 percent compared to the previous year, when it was just recovering from a slump below the 0-percent-mark in 2015.

Who loses from inflation?

Traditionally savers lose from inflation. If prices rise, the value of money falls, and the real value of savings decline. For example, in periods of hyperinflation, people who had saved all their life could see the value of their savings wiped out because, with higher prices, their savings are effectively worthless.

What is the Consumer Price Index (CPI) in Thailand?

In 2020, the core consumer price index (CPI) in Thailand was at 101.8 index points. In that year, the sector with the highest CPI was tobacco and alcoholic beverages at 120.3 index points.

What is consumer confidence in Thailand?

Consumer Confidence in Thailand averaged 76.40 points from 1998 until 2022, reaching an all time high of 112.40 points in December of 2003 and a record low of 39.60 points in August of 2021. This page provides – Thailand Consumer Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news.

What was the CPI in Thailand in 1976?

Consumer Price Index CPI in Thailand averaged 63.23 Index Points from 1976 until 2019, reaching an all time high of 103.31 Index Points in May of 2019 and a record low of 18.80 Index Points in January of 1976. source: Bureau of Trade and Economic Indices, Thailand.

What will Thailand’s CPI be in 2022?

In the long-term, the Thailand Consumer Price Index (CPI) is projected to trend around 103.32 points in 2022 and 105.39 points in 2023, according to our econometric models.