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
|Inflation Rate (CPI, annual variation in %)||8.8||7.3||10.3||32.4||31.7|
5 years of economic forecasts for more than 30 economic indicators.
Angola Inflation Chart
Source: National Statistics Institute
|Exchange Rate||324.5||0.0 %||May 13|
|Stock Market||0.1||0.0 %||May 13|
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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.
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.
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.
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.
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%.