Timor-Leste’s food inflation in December reached a 10-year high at 12.4 percent. Maize prices rose 66 percent year on year amid increased demand and an anticipated reduction in maize output in 2024 due to the impact of El Niño.
The World Food Programme (WFP) collaborates with the Ministry of Agriculture, Livestock, Fisheries and Forestry (MALFF) and the National Institute of Statistics (INETL) to collect food price data on a regular basis across the country’s main markets from thirteen municipalities. Data has been collected since 2020, to monitor the impacts of COVID-19, climate shocks, and global conflicts on the market prices in Timor-Leste.
On average, around six traders per market are surveyed, targeted food commodities weighed, and their prices averaged per kilo.
