Inflation in Angola
Angola - Inflation
Inflation ticks down in February
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.0% in February from the previous month, down slightly from January 1.1% increase and the lowest reading in over a year. All 12 components of the index posted month-on-month increases, identical to the previous month.
Inflation in the province of Luanda ticked down from 17.9% in January to 17.8% in February. In turn, annual average inflation moderated from 19.7% in January to 19.3% in February, marking the lowest print in nearly three years.
Angola Inflation Forecast
FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 17.0% in 2019, up 0.6 percentage points from last month’s projection, and 14.0% in 2020.
Angola - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 8.8 | 7.3 | 10.3 | 32.4 | 31.7 |
Angola Inflation Chart
Source: National Statistics Institute
Angola Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 313.7 | 0.0 % | Mar 11 |
| Stock Market | 0.1 | 0.0 % | Mar 08 |
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Economic News
Angola: Cabinda crude oil prices jump in February
March 15, 2019
The average price of Angola’s Cabinda crude oil rose from USD 59.5 per barrel (pb) in January to 65.2 pb in February.
Angola: Inflation ticks down in February
March 14, 2019
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.0% in February from the previous month, down slightly from January 1.1% increase and the lowest reading in over a year.
Angola: Cabinda crude oil prices recover slightly in January
February 18, 2019
The average price of Angola’s Cabinda crude oil rose from USD 56.6 per barrel (pb) in December to 59.5 pb in January.
Angola: Inflation eases in January
February 14, 2019
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.1% in January from the previous month, down from December’s 1.5% increase and marking the lowest print since February 2018.
Angola: Central Bank cuts the key policy rate in January
January 25, 2019
At its meeting on 25 January, the Monetary Policy Committee (MPC) of the National Bank of Angola (Banco Nacional de Angola, BNA) lowered the key policy rate by 75 basis points to 15.75%.
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