Angola Inflation November 2020


Angola: Inflation hits near three-year high in November

December 16, 2020

Consumer prices rose 2.14% over the previous month in November, picking up from the 1.99% rise logged in October. The result marked the steepest monthly increase in prices since September 2018 and was driven by stronger rises in clothing and footwear; food; and rent prices.

Inflation came in at 24.9% in November, which was up from October’s 24.1%. November's result marked the highest inflation rate since January 2018.

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


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Angola Inflation Chart

Angola Inflation November 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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