Current inflation Timor-Leste -0.4%
December 2024
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Historical Context
Current inflation is 2.2% lower than the 5-year average of 4.3%.
- 5-year average
- 4.3%
- 10-year average
- 2.5%
- All-time high (2011)
- 13.5%
- All-time low (2016)
- -1.3%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +6.3 percentage point.
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 2.1%
- Last year
- 8.4%
- 5-year average
- 2.1%
- All-time high (2011)
- 13.5%