Inflation in Angola
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 |
Angola Inflation Chart
Source: National Statistics Institute
Angola Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 324.5 | 0.0 % | May 13 |
| Stock Market | 0.1 | 0.0 % | May 13 |
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Economic News
Angola: Inflation inches down in April
May 14, 2019
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.
Angola: Economy returns to growth in Q4 2018
April 17, 2019
The economy returned to growth in the final quarter of 2018, according to national accounts data released by the Statistical Institute (INE) on 17 April.
Angola: Inflation edges down in March
April 15, 2019
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.2% in March from the previous month, up slightly from February’s 1.0% increase.
Angola: Cabinda crude oil prices rise to five-month high in March
April 11, 2019
The average price of Angola’s Cabinda crude oil rose from USD 65.2 per barrel (pb) in February to a five-month high of USD 66.8 pb in March.
Angola: Central Bank holds the key policy rate stable in March
March 29, 2019
At its meeting on 29 March, the Monetary Policy Committee (MPC) of the National Bank of Angola (Banco Nacional de Angola, BNA) kept the key policy rate stable at 15.75%.
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