Angola Inflation December 2020

Angola

Angola: Inflation hits highest level in three years in December

January 14, 2021

Consumer prices increased 2.19% from the previous month in December, largely in line with the 2.14% rise seen in November. December's uptick marked the sharpest increase in prices since September 2018. The print reflected greater price pressures for housing being partly offset by a softer rise clothing and footwear.

Inflation inched up to 25.2% in December, slightly above November’s 24.9%. December's figure was the highest inflation rate since December 2017.

FocusEconomics Consensus Forecast panelists expect inflation to average 20.4% in 2021 and 16.8% in 2022.


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Angola Inflation December 20 20

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


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