East Timor's annual inflation increased to a 30-month high of 2.9 percent in March 2021 from 2.5 percent in the previous month. Main upward pressures mainly came from food & non-alcoholic beverages (4.4 percent vs 4 percent in February), alcohol & tobacco (7.5 percent vs 5.5 percent), housing (0.4 percent vs 0.3 percent). In contrast, cost dropped for transport (-0.3 percent vs -1.1 percent), clothing & footwear (-0.1 percent vs 0.1 percent), and furnishings & household equipment. On a monthly basis, consumer prices rose by 0.7 percent in March, after increasing 0.4 percent in February. source: National Statistics Directorate, Timor
Inflation Rate in East Timor averaged 4.51 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 May 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.