Angola Inflation October 2020

Angola: Inflation hits over two-year high in October

Consumer prices rose 1.99% over the previous month in October, picking up from the 1.91% rise logged in September. The result was driven by notable upticks in food and non-alcoholic beverages; alcoholic beverages; and transport prices.

Inflation came in at 24.1% in October, which was up from September’s 23.3%. October’s result marked the highest inflation rate since January 2018.

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