Inflation in Angola

Angola Inflation | Economic News & Forecasts

Angola - Inflation

Inflation ticks down in June

Consumer prices in the province of Luanda rose 1.1% in June from the previous month, unchanged from May’s reading. According to the Statistical Institute, 11 out of index’s 12 components posted month-on-month price increases, led by higher prices for leisure, recreation and culture; hotels, cafes and restaurants; and miscellaneous goods and services.

Inflation in the province of Luanda ticked down to 17.3% in June, from 17.4% in May. June’s result marked the lowest print since December 2015. Meanwhile, annual average inflation fell from 18.3% in May to an over three-year low 18.0% in June.

FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 17.1% in 2019, up 0.1 percentage points from last month’s projection, and 13.4% 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

ValueChangeDate
Exchange Rate345.80.0 %Jul 11
Stock Market0.10.0 %Jul 11

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