Angola: Soaring inflation reaches over-four-year high in October
November 13, 2015
In October, consumer prices rose 1.35% over the previous month, which was above the 1.22% increase recorded in September. October’s reading marks the highest point in three months.
Inflation soared from 11.7% in September to 12.4% in October, which was the highest level since August 2011. In addition, annual average inflation increased from 8.8% in September to 9.2% in October, a reading last seen in August 2013.