Prices: Consumer Price Index for Thailand
THAPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
157.87%
Date Range
1/1/1990 - 1/1/2029
Summary
The Thai Consumer Price Index (CPI) measures the change in prices paid by consumers for a basket of goods and services in Thailand. It is a key indicator of inflation and an important metric for economic policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Thai CPI tracks the prices of a representative sample of consumer goods and services, including food, housing, transportation, and other categories. It is used to assess the overall cost of living and measure the purchasing power of the Thai baht.
Methodology
The Thai CPI is calculated monthly by the Thai National Statistical Office based on data collected from household surveys and retail establishments.
Historical Context
The Thai CPI is closely monitored by the Bank of Thailand and other policymakers to guide monetary policy decisions and manage inflation targets.
Key Facts
- Thailand's CPI is published monthly by the National Statistical Office.
- The CPI basket includes over 400 goods and services commonly purchased by Thai consumers.
- The Thai central bank targets an annual inflation rate of 1-3% to maintain price stability.
FAQs
Q: What does the Thai Consumer Price Index measure?
A: The Thai CPI measures the changes in the prices paid by consumers for a basket of common goods and services in Thailand. It is a key indicator of inflation.
Q: Why is the Thai CPI relevant for users and analysts?
A: The Thai CPI is an important metric for assessing the cost of living, measuring purchasing power, and guiding monetary policy decisions in Thailand.
Q: How is the Thai CPI data collected and calculated?
A: The Thai CPI is calculated monthly by the National Statistical Office based on price data collected from household surveys and retail establishments.
Q: How is the Thai CPI used in economic policy?
A: The Thai CPI is closely monitored by the Bank of Thailand to manage inflation targets and inform monetary policy decisions to support price stability and economic growth.
Q: Are there any delays or limitations with the Thai CPI data?
A: The Thai CPI is published with a short lag, typically within a month after the reference period. The data may be subject to minor revisions over time.
Related Trends
Number of Identified Exporters to Thailand from U.S. Virgin Islands
VITHAA475SCEN
Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Thailand
THAFCRODCHPENUM
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Thailand
THAFCSODCHXDC
Exchange Rate Adjusted Changes of Domestic Debt Securities for Issuers in Financial Corporations, Residence of Issuer in Thailand
DSAMRIFCERTH
Amount Outstanding of Domestic Money Market instruments in Non-Financial Corporations Sector, Short-Term at Original Maturity, Residence of Issuer in Thailand
DMMISTRIAONCTH
Number of Identified Exporters to Thailand from Minnesota
MNTHAA475SCEN
Citation
U.S. Federal Reserve, Prices: Consumer Price Index for Thailand (THAPCPIPCPPPT), retrieved from FRED.