Angola: Inflation rises to highest rate in over two years
July 15, 2015
In June, consumer prices rose 1.26% over the previous month, which was above the 1.20% increase recorded in the previous month and marked the highest value since December 2011.
Inflation rose from 8.9% in May to 9.6% in June, which was the highest level since November 2012. In addition, annual average inflation increased from 7.6% in May to 7.8% in June, thus reaching the highest reading in a year.
Author: Dirina Mançellari, Senior Economist