Inflation in Angola

Angola Inflation | Economic News & Forecasts

Angola - Inflation

Inflation inches down in April

According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.1% in April from the previous month, down slightly from March’s 1.2% increase. 11 out of 12 components of the index posted month-on-month price increases, led by higher prices for housing, water, electricity and fuels, and leisure, recreation and culture.

Meanwhile, inflation in the province of Luanda edged down for a third consecutive month, coming in at from 17.4% in April, from 17.6% in March. In turn, annual average inflation fell from 18.9% in March to 18.5% in April, the lowest print in nearly three years.

FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 17.6% in 2019, up 0.1 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  

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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 Rate324.50.0 %May 13
Stock Market0.10.0 %May 13

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