East Timor's annual inflation increased to 3.9 percent in August 2021 from 3.6 percent in July, pointing to the highest reading since December 2013. Main upward pressure mainly came from food & non-alcoholic beverages (6.0 percent vs 5.8 percent in July), transport (4.2 percent vs 3.0 percent), and alcohol & tobacco (7.5 percent vs 6.5 percent). By contrast, prices dropped for housing (-0.2 percent vs -0.2 percent), furnishings, household and routine maintenance (-1.0 percent vs -1.3 percent), and recreation & culture (-0.3 percent vs -0.3 percent). On a monthly basis, consumer prices rose 0.2 percent in August, after edging up 0.1 percent in July. source: National Statistics Directorate, Timor
Inflation Rate in East Timor averaged 4.50 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 October of 2021.
Inflation Rate in East Timor is expected to be 2.80 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.