Thailand - Producer Price Index (PPI)

For Thailand, the producer price index is nationwide and measures changes in the selling price received by domestic producers for their output. It covers three product categories: agricultural, mining, and manufacturing products.       

Active:

• Classification: Classification of Products by Industry (CPA)
• Measurement: Fixed-base index relative to 2021 (Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2015m1

Predecessors:

• 2015=100 - 2015m1 to 2025m12
• 2010=100 - 1995m1 to 2020m12 ("_10")
• 2005=100 - 1995m1 to 2014m12 ("_05")
• 2000=100 - 1995 to 2010

Global concept alias:

• PPI

The source wrote:

• Sources of weights: Weights of most items are based on Input-Output Table tabulated by the office of National Economics and Social Development Board (NESDB). Disaggregated weights are base on production value data from surveying, Trade Associations, Bank of Thailand and others.
• Time period of current weights: Base year 2015.
• Frequency of weight updates: The index is re-based and re-weighted each time according to the Input-Output Table revision about every five years.
• Items selection: Items selection from production structure of the country with the high value in each product type and random sampling of industries entrepreneur for collection and surveying.
• Sample size: Approximately 4,200 price quotations are collected each month from 2,000 producers (609 items).
• Price collection methods: Most of prices in the mining and industrial products are collected by telephone and prices of agricultural products are collected from the Ministry of Agriculture and Cooperatives.

Classification of products by activity (CPA) consists of three sections, as follows (as of 2021). CPA seems to align with UN CPC, the Central Product Classification.

• Products of agriculture and fishing
  • Products of agriculture
  • Fishery products
• Mining products
  • Coal and lignite
  • Crude petroleum and natural gas
  • Metal ores
  • Other mining and quarrying products
• Manufactured products
  • Food products
  • Beverages
  • Tobacco products
  • Textiles
  • Wearing apparel
  • Leather and related products
  • Wood and products of wood
  • Paper and paper products
  • Printing and related products
  • Refined petroleum products
  • Chemicals and chemical products
  • Pharmaceutical products
  • Rubber and plastics products
  • Non-metallic mineral products
  • Basic metals
  • Fabricated metal products
  • Computer and electronic products
  • Electrical equipment
  • Machinery and equipment
  • Motor vehicles; parts and accessories
  • Motorcycles; bicycles; parts and accessories
  • Furniture
  • Other manufactured goods

Moody's Analytics supplements

For the all-items index, we back-extend to 1957m1 using predecessor and IMF data. We construct a seasonally adjusted counterpart using the X-13ARIMA-SEATS program.

The source's (BTEI) native-language and English-language pages are not always synchronized. The SDDS page was last updated in January 2021, prior to the rebase to 2015.

Further reading

At IMF (SDDS):

• Real sector - Price index: Producer prices

At UNSD:

• Classifications on economic statistics

• Oct 2009 - Initial version.
• Aug 2012 - Addendum of back-extension and SA.
• May 2015 - Rebased to 2010.
• Mar 2021 - Rebased to 2015.
• 7 Apr 2026, Phillip Thorne - Rebased to 2025: Properties.