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Find the CPI inflation (deflation) in thailand and the USA in the past 5 years. Please make sure to use the rates are comparable (preferably

Find the CPI inflation (deflation) in thailand and the USA in the past 5 years. Please make sure to use the rates are comparable (preferably from the same data source) Fill in the Table 2 below and indicate your source. Table 2. Relative Purchasing Power Parity

Year Thailand CPI inflation % USA CPI inflation % The difference between the local and the USA annual inflation rates Observed percentage change in exchange rate (LCU/USD) over the corresponding year **
2020
2019
2018
2017
2016

Please add Data source Does the Relative PPP theory hold well for your country over the past 5 years? What are the possible reasons for deviations?

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