East Timor's annual inflation increased to 0.8 percent in November 2020, the most since July, from 0.6 percent in the previous month. Food & non-alcoholic beverages inflation accelerated to a four-month high of 1.4 percent in November, after increasing 1.1 percent in October. Also, prices of clothing & footwear increased more (2.0% vs 1.7%). Meantime, prices of housing were unchanged in November, after increasing 0.7 percent in the prior month. On the other hand, prices fell further for transport (-2.1 percent vs -2.3%), furniture & household equipment (-0.6% vs -0.4%) and alcohol & tobacco (-0.6% vs -0.2%). On a monthly basis, consumer prices edged up 0.1 percent in November, the first time monthly increase in four months, after declining 0.1 percent in October. source: National Statistics Directorate, Timor
Inflation Rate in East Timor averaged 4.58 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 January of 2021.
Inflation Rate in East Timor is expected to be 0.50 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 1.50 in 12 months time. In the long-term, the East Timor Inflation Rate is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.