Angola Inflation December 2018

Angola

Angola: Inflation rises in December

January 15, 2019

According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.5% in December from the previous month, ticking up from November’s 1.4% rise.

Inflation in the province of Luanda accelerated for the third consecutive month, clocking in at 18.2% in December, from 17.8% in November. Meanwhile, annual average inflation continued to fall in December, coming in at a 30-month low of 20.3%, from 21.0% in the previous month.

FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 16.4% in 2019, down 0.3 percentage points from last month’s projection, and 13.6% in 2020.


Author:, Economist

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Angola Inflation December 2018

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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