Timor-Leste Inflation Rate

Last Release

Oct 31, 2024

Actual

0.2

Units In

0.6

Frequency

Monthly

Next Release

Dec 20, 2024

Time to Release

28 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
18 Feb 2007	-2.5 Aug 2009	4.7 %	2004-2024	N/A

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).

Latest Updates

East Timor's annual inflation rate eased for the fifth consecutive month to 0.2% in October 2024 from 0.6% in the previous month. This marked the lowest inflation rate since March 2020, with food rising the least since November 2020 (1.4% vs 1.9% in September). Moreover, deflation worsened for transport (-2.2% vs -0.9%), alcohol and tobacco (-4.6% vs -4.4%), and furnishings, household equipment and routine household maintenance (-1.1% vs -0.8%). Meanwhile, prices were stable for housing (-1%), communication (-0.9%), health (2.3%), recreation and culture (1.9%), and education (2%). On a monthly basis, consumer prices fell 0.2% in October 2024, unchanged from the previous month.