Angola Inflation June 2020

Angola: Inflation hits over two-year high in June

Consumer prices in the province of Luanda rose 1.70% month-on-month in June, down from the 1.91% increase recorded in May.

Inflation rose to 21.8% in June, which was up from May’s 21.1% print. June’s result represented the highest inflation rate since March 2018. Lastly, annual average inflation edged up to 18.4% in June from 18.0% in May.

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