Inflation in Angola

Angola Inflation | Economic News & Forecasts

Angola - Inflation

Inflation eases further in June

Consumer prices increased 0.84% in June over the previous month, ticking down from the 0.92% rise logged in May. The overall increase was spearheaded by rising prices for health services, transport, clothing and footwear, and alcoholic beverages and tobacco. In contrast, prices for food and non-alcoholic beverages rose at a more moderate pace.

Inflation fell to 23.0% in June, from 24.4% in May, marking the lowest reading since July of 2020. Moreover, the trend pointed down marginally, with annual average inflation coming in at 26.1% in June, down from May’s 29.1%. Lastly, inflation in Luanda eased to 23.3% at the end of Q2 (May: 25.1%).

FocusEconomics panelists expect inflation to average 23.3% in 2022, which is up 1.2 percentage points from last month’s projection, and 15.5% in 2023.

Angola - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)10.3  32.4  31.7  20.3  17.3  

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Angola Inflation Chart

Angola Inflation
Note: Inflation, annual average variation of consumer price index (CPI) in %.
Source: National Statistics Institute

Angola Facts

Value Change Date
Exchange Rate479.00.0 %Jan 01
Stock Market0.10.0 %Jan 07

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