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INETL-I.P releasing consumer price index for the month of November 2024

Díli, 17 November 2024, The Interim Precident of INETL, IP Timor-Leste, Mr. Cristino Gusmão releases  report of Consumer Price Index-CPI for November 2024. The event was held at the INETL-I.P, Conference Room, Cai-coli, Dili, Timor-Leste.

The percentage change in the Consumer Price Index (CPI) for each month was (-0.2%) in November, 2024 compared to October, 2024 (-1.0%).

The change in the large group (-0.4%) also contributed significantly to the Food and Non-Alcoholic Beverage (-0.4%) and Transport (-0.1%). Group Alcohol and Tobacco (+0.2%), Housing (+0.2%) and Equipment furnituring and Housing Service (-0.1%) showed contrary changes to group inflation. The Group Food in Non-Alcoholic Beverages (-0.4%) has a major impact on the Rice sub-group (-0.2%). The sub-group Vegetables (-1.3%), Sugar, Marmalade, Honey, Chocolate and Sweet Food (-2.1%) and Cooking Oils and Fats (+0.2%) change against the inflation in the group food of Non-alcoholic beverages.

The change in annual percentage of CPI rising (-0.2%) compared to the previous year 2024 was mainly contributed by the Non-Alcoholic Beverages group (+0.5%), Alcohol and Tobacco (-3.8%), Education (+2.0%), Footwear (+1.0%), Communications (-0.9%) for the year November 2024. Transportation Group (-2.4%), Recreation and Culture (+1.9%), Equipment furnituring and Housing Service (-1.3%) Housing (-1.1%) adjusting contrary to annual group inflation in November 2024. Tradable inflation (-0.3%) and non-tradable inflation (0.0%) monthly, compare between November 2024 and October 2024.  Inflation of Tradable (-0.5%) and non-tradable also increased (+5.0%) in annually, compare between November 2024 with October 2023.


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