Friday February 23 2018
East Timor Inflation Rate at 1.60 percent
Consumer prices in East Timor rose 1.6 percent year-on-year in January of 2018, accelerating from a 0.8 percent gain in the previous month. It was the highest inflation rate since March 2014, as prices rose faster for food & non-alcoholic beverages (1.1 percent vs 0.8 percent in December 2017); housing (1.1 percent vs 0.8 percent); clothing & footwear (1.1 percent vs 0.5 percent) while prices rebounded for alcoholic beverages and tobacco (0.7 percent vs -0.5 percent). Also, prices of education increased by 16.6 percent after being flat in December. Meanwhile prices slowed for furnishings, household equipment & routine household maintenance (1.8 percent vs 1.9 percent). Meantime, cost was flat for health. On the other hand, prices fell for : transport (-0.1 percent vs 0.6 percent); communication (-0.4 percent vs -0.9 percent); recreation and culture (-1.1 percent vs -1.1 percent). On a monthly basis, consumer prices went up 0.8 percent, following a 0.5 percent gain in December.