Inflation in Angola
Angola - Inflation
Inflation eases further in July
Consumer prices increased 0.81% in July over the previous month, ticking down from the 0.84% rise logged in June. July’s result marked the weakest monthly price increase since April 2015. The overall increase was, however, spearheaded by rising prices for food and non-alcoholic beverages.
Inflation moderated to an over two-year low of 21.4% in July, down from June’s 23.0%. Moreover, the trend pointed down as annual average inflation dropped to 25.8% in July, from 26.2% in June. Lastly, inflation in Luanda eased to 21.4% in the same month (June: 23.3%.
FocusEconomics panelists expect inflation to average 23.3% in 2022, which is up 1.2 percentage points from last month’s projection, and 15.5% in 2023.
Angola - Inflation Data
|Inflation Rate (CPI, annual variation in %)||10.3||32.4||31.7||20.3||17.3|
5 years of economic forecasts for more than 30 economic indicators.
Angola Inflation Chart
Source: National Statistics Institute
|Exchange Rate||479.0||0.0 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 12, 2022
Consumer prices increased 0.81% in July over the previous month, ticking down from the 0.84% rise logged in June.
August 11, 2022
The average price for Cabinda oil eased to USD 119.4 per barrel (pb) in July, down from June’s USD 126.8 pb.
July 29, 2022
The National Bank of Angola’s Monetary Policy Committee stood pat at its 29 July meeting, leaving the basic interest rate at 20.00%.
July 15, 2022
Consumer prices increased 0.84% in June over the previous month, ticking down from the 0.92% rise logged in May.
July 15, 2022
The average price for Cabinda oil rose to USD 126.8 per barrel (pb) in June, up from May’s USD 114.6 pb.