Wednesday September 26 2018
East Timor Inflation Rate at 2.70 percent
East Timor's annual inflation rate rose to a four-month high of 2.7 percent in August of 2018 from 2.5 percent in the previous three months. Prices increased faster for food & non-alcoholic beverages (1.8 percent vs 1.6 percent in July); housing (1.5 percent vs 1.3 percent) and alcohol & tobacco (10.7 percent vs 10.5 percent). Additionally, cost of recreation & culture rebounded (0.6 percent vs -1.3 percent). Meanwhile, prices slowed for clothing & footwear (0.5 percent vs 0.7 percent) and household equipment & routine household maintenance (a flat reading vs 0.5 percent) and inflation was steady for transport (at 3.9 percent, the same as in July). On a monthly basis, consumer prices declined 0.2 percent, following a 0.1 percent rise in a month earlier.