Angola Inflation September 2020

Angola

Angola: Inflation hits over two-year high in September

October 12, 2020

Consumer prices increased 1.91% in September over the previous month, below August's 2.00% increase. The print reflected softer price increased for alcoholic beverages and tobacco; hotels, cafés and restaurants; and clothing and footwear.

Inflation came in at 23.3% in September, above August’s 22.8%. September's figure was the highest inflation rate since February 2018.

FocusEconomics Consensus Forecast panelists expect inflation to average 22.4% in 2020 and 20.9% in 2021.


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Angola Inflation September 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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