Angola Inflation

Angola

Angola: Inflation rises to highest rate in nearly two years

June 16, 2015

In May, consumer prices rose 1.21% over the previous month, which was above the 0.85% increase recorded in the previous month and marked the highest value since December 2011.

Inflation rose from 8.2% in April to 8.9% in May, which was the highest level since September 2013. In addition, annual average inflation increased from 7.4% in April to 7.6% in May, thus reaching a 10-month high.

FocusEconomics Consensus Forecast participants expect inflation to be at 9.2% in 2015, which is up 0.1 percentage points over last month’s projection. For 2016, the panel sees inflation falling to 8.1%.


Author:, Senior Economist

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Angola Inflation Chart


Angola Inflation May 2015

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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