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Timor-Leste : Inflation
Timor-Leste 3.35.2 Inflation Dili Timor-Leste % 15_ 10_ 5_ 2008 2009 2010 2011 2012 2013 2014 Forecast Source: Timor-Leste National Directorate of Statistics. Timor-Leste 3.35.2 Inflation Dili Timor-Leste % 15_ 10_ 5_ 2008 2009 2010 2011 2012 2013 2014 Forecast Source: Timor-Leste National Directorate of Statistics.
Timor-Leste : Inflation
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Inflation in 2012 remained high at 10.9% (annual average basis)
but moderated from 13.1% in 2011 (Figure 3.35.2). This reflected easing
world food prices and lower import costs with the strengthening ...
of
the US dollar, which Timor-Leste uses as its official currency, against
the currencies of some of Timor-Leste’s important trade partners.
Government spending in the face of persisting bottlenecks and spending
linked to the midyear elections countered some of the deflationary impact
of these external developments.
Sources: Timor-Leste National Statistics Directorate; ADB estimates. http://dne.mof.gov.tl/
Source
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