Angola Inflation April 2023

Angola: Inflation ticks down in April

Inflation came in at 10.6% in April, which was down from March’s 10.8%. A strong harvest, coupled with fuel and food subsidies are key drivers of inflation’s continued downtrend.

Meanwhile, the trend pointed down as annual average inflation dropped to 16.2% in April from 17.4% in March.

Finally, consumer prices increased 0.92% over the previous month in April, picking up from March’s 0.90% rise. April’s figure marked the highest reading since May 2022.

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