Inflation in Angola
Angola - Inflation
Inflation rises in December
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.5% in December from the previous month, ticking up from November’s 1.4% rise.
Inflation in the province of Luanda accelerated for the third consecutive month, clocking in at 18.2% in December, from 17.8% in November. Meanwhile, annual average inflation continued to fall in December, coming in at a 30-month low of 20.3%, from 21.0% in the previous month.
FocusEconomics Consensus Forecast panelists see inflation moderating gradually going forward and expect it to average 16.4% in 2019, down 0.3 percentage points from last month’s projection, and 13.6% 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 | 309.4 | 0.0 % | Jan 14 |
| Stock Market | 0.1 | 0.0 % | Jan 14 |
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Economic News
Angola: Inflation rises in December
January 15, 2019
According to the Statistical Institute (Instituto Nacional de Estadística), consumer prices in the province of Luanda rose 1.5% in December from the previous month, ticking up from November’s 1.4% rise.
Angola:
January 14, 2019
According to preliminary national accounts data released by the Statistical Institute (INE) on 14 January, the economy remained in recession in the third quarter of 2018.
Angola: Inflation broadly stable in November
December 14, 2018
Consumer prices in the province of Luanda rose 1.4% in November from the previous month, unchanged from October’s print.
Angola: Cabinda crude oil prices tank in November
December 12, 2018
The average price of Angola’s Cabinda crude oil fell from a four-year high of USD 82.0 per barrel (pb) in October to USD 65.3 pb in November.
Angola: Economic sentiment continues to slide in the third quarter
December 10, 2018
The economic climate indicator (ICE, Indicador de Clima Económico) published by the Statistical Institute fell from minus 15 points in the second quarter to a one-year low of minus 16 points in the third quarter.
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