Inflation in Angola

Angola Inflation | Economic News & Forecasts

Angola - Inflation

Inflation comes in at highest level since June 2017 in September

Luanda-province consumer prices rose 2.34% in September over the previous month, largely in line with the 2.30% rise logged in August. September's figure was the highest reading since March and came on the back of notable price increases for food and non-alcoholic drinks, and alcoholic drinks and tobacco.

Luanda-province inflation increased to 30.2% in September, following August’s 29.7%. September's reading was the highest inflation rate since June 2017.

Analysts at the EIU added:

“With supply-side price pressures continuing, inflation will stay high, averaging 24.9% in 2021. We expect annual inflation to slow over the remainder of the forecast period as supply-side pressures ease. However, the eventual reduction in several subsidies, such as those for electricity and fuel, combined with currency depreciation, will keep prices fairly high.”

FocusEconomics Consensus Forecast panelists expect inflation to average 23.1% in 2021 and 16.3% in 2022.

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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