Angola: Inflation hits over two-year high in August
September 21, 2020
Consumer prices rose 2.00% in August over the previous month, accelerating from July's 1.83% rise. August's figure was the sharpest increase in prices since April. The result was driven by notable price increases for alcoholic beverages and tobacco, and clothing and footwear.
Inflation increased to 22.8% in August, above July’s 22.2%. August's figure represented the highest inflation rate since February 2018.