Angola Inflation April 2022

Angola

Angola: Luanda inflation eases in April

May 13, 2022

Consumer prices in Luanda increased 0.97% in April over the previous month, ticking down from the 1.52% rise logged in March. The print reflected softer price increased for food and non-alcoholic drinks. On the other hand, prices for clothing and footwear, and housing, water, electricity and fuels rose at a stronger pace.

Inflation eased to 26.9% in April, below March’s 28.5% print. Moreover, the trend pointed down marginally, with annual average inflation coming in at 29.4% in April, up from March’s 29.5%.

FocusEconomics Consensus Forecast panelists expect inflation to average 19.8% in 2022 and 13.3% in 2023.


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Angola Inflation March 2022 0

Note: Year-on-year and month-on-month variation of Luanda’s consumer price index in %.
Source: National Statistical Institute (INE, Instituto Nacional de Estatística)


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