East Timor's consumer prices were unchanged from a year earlier in February 2020, after a 0.2 percent rise in the previous month. Food & non-alcoholic beverages prices inched lower 0.1 percent ( vs 0.1% in January), the first decline since November 2016. Also, prices continued to fall for: housing (-0.4% vs -0.2%); alcohol & tobacco (-0.2%, the same pace as in January), and furniture & household equipment (-1% vs -0.7%). Meantime, inflation accelerated for both transport (0.5% vs 0.3%) and clothing & footwear (1.9% vs 1.7%). On a monthly basis, consumer prices edged down 0.1 percent in February, after an upwardly revised 0.2 percent gain in January.
Inflation Rate in East Timor averaged 4.78 percent from 2004 until 2020, 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 April of 2020.
Inflation Rate in East Timor is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in East Timor to stand at 2.90 in 12 months time. In the long-term, the East Timor Inflation Rate is projected to trend around 3.00 percent in 2021, according to our econometric models.