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.
Author: Dirina Mançellari, Senior Economist