Angola Inflation January 2019

Angola

Angola: Inflation eases in January

February 14, 2019

According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.1% in January from the previous month, down from December’s 1.5% increase and marking the lowest print since February 2018. All 12 components of the index posted month-on-month increases, led by higher prices for health, and recreation and culture.

Inflation in the province of Luanda moderated from 18.2% in December to 17.9% in January. Meanwhile, annual average inflation continued to fall in January, easing to a 31-month low of 19.7%, from 20.3% in the previous month.

FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 17.0% in 2019, up 0.6 percentage points from last month’s projection, and 14.0% in 2020.


Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Angola? Download a sample report now.

Download

Angola Inflation Chart


Angola Inflation January 2019

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Statistical Institute (INE, Instituto Nacional de Estatística)


Angola Economic News

More news

Search form