East Timor's annual inflation climbed to 4.9 percent in October 2021 from 4.1 in the previous month. This was the highest figure since November 2013, with main upward pressure coming from cost of food and non-alcoholic beverages (7.5 percent vs 6.4 percent in September), alcohol and tobacco (6.0 percent vs 7.2 percent), clothing (-0.3 percent vs flat reading), housing (1.1 percent vs -0.5 percent), furnishing and household maintenance (0.2 percent vs -0.3 percent), health (0.7 percent vs flat reading), transport (5.6 percent vs 4.6 percent), and recreation and culture (0.9 percent vs -0.5 percent. In contrast, communication prices dropped further (-0.1 percent vs -0.1 percent). On a monthly basis, consumer prices rose by 0.7 percent, the most in six months, after a 0.1 percent gain in September. source: National Statistics Directorate, Timor
Inflation Rate in East Timor averaged 4.49 percent from 2004 until 2021, reaching an all time high of 18 percent in February of 2007 and a record low of -2.50 percent in August of 2009. This page provides the latest reported value for - East Timor Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. East Timor Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Inflation Rate in East Timor is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the East Timor Inflation Rate is projected to trend around 2.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.