Inflation in Angola

Angola Inflation | Economic News & Forecasts

Angola - Inflation

Inflation jumps in December amid currency pressures

Consumer prices in the province of Luanda rose 1.9% from the previous month in December, accelerating from November’s 1.5% result, and marking the strongest increase since September 2018.

Meanwhile, inflation in the province of Luanda jumped to a four-month high of 17.1% in December, from 16.6% in November. This was seemingly due to significant upside pressures stemming from a weaker kwanza after the Central Bank floated the currency in October. That said, annual average inflation inched down to a near four-year low of 17.3% from 17.4% in November.

FocusEconomics panelists expect inflation to average 17.8% in 2020, up 2.1 percentage points from last month’s projection, and 15.5% in 2021.

Angola - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)8.8  7.3  10.3  32.4  31.7  

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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

Exchange Rate479.00.0 %Jan 01
Stock Market0.10.0 %Jan 07

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