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.

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East Timor Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.20 18.00 -2.50 2004 - 2020 percent Monthly
2012=100


Calendar GMT Actual Previous Consensus TEForecast
2019-12-18 04:30 AM Inflation Rate YoY Nov 0.3% 0.6% 0.6%
2020-01-23 02:00 AM Inflation Rate YoY Dec 0.3% 0.3% 1.3%
2020-02-19 02:00 AM Inflation Rate YoY Jan 0.2% 0.3% 0.1%
2020-03-24 03:35 AM Inflation Rate YoY Feb 0.0% 0.2% 0.3%
2020-04-21 02:00 AM Inflation Rate YoY Mar 0.0% 2.5%
2020-05-26 02:00 AM Inflation Rate YoY Apr
2020-06-24 02:00 AM Inflation Rate YoY May
2020-07-24 02:00 AM Inflation Rate YoY Jun 2.7%


News Stream
East Timor Inflation Rate Flat in February
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.
2020-03-24
East Timor Inflation Rate at Near 3-Year Low of 0.2%
East Timor's annual inflation rate declined to 0.2 percent in January 2020 from 0.3 percent in the previous month. This was the lowest inflation rate since February 2017, as food & non-alcoholic beverages inflation eased to 3-year low of 0.1 percent ( vs 0.2% in December 2019) while prices of alcohol & tobacco fell (-0.2% vs 0.8%). Meantime, Inflation accelerated for both transport (0.3% vs 0.1%) and clothing & footwear (1.7% vs 0.1%). On the other hand, deflation was steady for housing (at -0.2%); furniture & household equipment (at -0.7%).On a monthly basis, consumer prices increased by 0.1 percent in January, the same pace as in December.
2020-02-19
East Timor Inflation Rate Stays at 32-Month Low in December
East Timor's annual inflation rate came in at 0.3 percent in December 2019, unchanged from the previous month's 32-month low. Prices rose less for food & non-alcoholic beverages (0.2% vs 0.5% in November) and alcohol & tobacco (0.8% vs 1.3%) while cost fell for housing (-0.2%, the same as in November) and furniture & household equipment (-0.7% vs -0.9%). Conversely, transport prices rebounded (0.1% vs -0.7%), while clothing & footwear cost picked up (0.1% vs a flat reading in November). On a monthly basis, consumer prices rose by 0.1 percent in December, after a 0.1 percent drop in November.
2020-01-23
East Timor Inflation Rate at 32-Month Low in November
East Timor's annual inflation rate fell to a 32-month low of 0.3 percent in November 2019 from 0.6 in the prior month. Cost of food & non-alcoholic beverages rose less (0.5% vs 0.7% in October), driven by vegetables (8.9%), fruits (3.9%), and milk, cheese and eggs (0.6%). Also, prices of clothing & footwear were flat, following a 0.4 gain in October. At the same time, prices fell further for housing (-0.2% vs -0.8%), furniture & household equipment (-0.9% vs -0.9%), and transport (-0.7% vs -0.5%). On the other hand, inflation was unchanged for alcohol & tobacco (at 1.3%), while cost of recreation & culture went up faster (0.3% vs 0.2%). On a monthly basis, consumer prices fell 0.1 percent in November, after a 0.4 percent drop in October.
2019-12-18

East Timor Inflation Rate
In East Timor, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important category in the Timor-Leste CPI is Food and Non-Alcoholic Beverages (64 percent of the total weight), of which Rice (17 percent), Vegetables (15 percent) and Meat (8 percent). Other important categories are: Transport (6 percent); Clothing and Footwear (6 percent); Housing (6 percent); Alcohol and Tobacco (5 percent); and Furnishings, Household Equipment and Routine Household Maintenance (4 percent). The index also includes: Recreation and Culture (3 percent); Communication (2 percent); Education (2 percent); and Health (1 percent).