Wednesday August 01 2018
East Timor Inflation Rate at 2.50 percent
Consumer prices in East Timor increased 2.5 percent year-on-year in June of 2018, the same as in the previous month. Inflation was steady for housing (at 1.3 percent, the same as in the prior month); education (at 16.6 percent); furnishings, household equipment & routine household maintenance (at 0.4 percent) and clothing & footwear (0.9 percent). Meantime, cost advanced faster for transport (3.4 percent from 2.2 percent). Contrarily, prices went up at a slower pace for food & non-alcoholic beverages (1.8 percent vs 1.9 percent) and alcoholic beverages & tobacco (8.8 percent vs 9.3 percent) and continued to decline for recreation & culture (-1.3 percent). On a monthly basis, consumer prices edged down 0.1 percent, following a 0.7 percent increase in the prior month.