Thailand's central bank is rethinking how it measures inflation. The problem? The official inflation figures keep coming in low, but people on the street know better—living costs are actually climbing. This disconnect is catching attention. The monetary authority is now considering a comprehensive review of its inflation basket to ensure it better captures real-world price pressures. It's a reminder that how we measure economic data shapes policy decisions, which ripples through everything from currency strength to capital flows.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
TokenTaxonomist
· 01-05 07:16
lol the inflation basket they're using is taxonomically obsolete, per my analysis. data suggests their CPI methodology is basically an evolutionary dead-end—street prices don't lie, spreadsheets do. lemme pull up my own basket construction and see where their systematic risk assessment falls short... spoiler: everywhere.
Reply0
DegenDreamer
· 01-05 07:16
Data doesn't lie, but statistical methods can... Thailand's reform came too late this time.
View OriginalReply0
ContractTearjerker
· 01-05 07:14
It's the same story again. The data looks good, but the wallets of ordinary people are the real truth.
View OriginalReply0
LeekCutter
· 01-05 06:51
The game of data falsification is loved by central banks around the world... The inflation basket was originally meant to be used for deception, right?
View OriginalReply0
LayerZeroEnjoyer
· 01-05 06:47
Data can be misleading, wallets won't. Real life is actually more expensive than reports suggest.
Thailand's central bank is rethinking how it measures inflation. The problem? The official inflation figures keep coming in low, but people on the street know better—living costs are actually climbing. This disconnect is catching attention. The monetary authority is now considering a comprehensive review of its inflation basket to ensure it better captures real-world price pressures. It's a reminder that how we measure economic data shapes policy decisions, which ripples through everything from currency strength to capital flows.