East Timor's annual inflation rose to 3.6 percent in May 2021 from 3.4 percent in the previous month. This was the highest figure since December 2013, with prices of food & non-alcoholic beverages rising the most since November 2013 (5.9 percent vs 5.2 percent in April). Also, prices of both transport (1.1% vs 0.8 percent in April) and housing (0.5% vs 0.4%) rose faster. Main upward pressures also came from, alcohol & tobacco (7.4% vs 7.6%). On a monthly basis, consumer prices advanced by 0.5 percent in May, easing from a 0.6 percent gain in April. 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 July of 2021.
Inflation Rate in East Timor is expected to be 3.00 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 2.40 in 12 months time. 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.