Angola's annual inflation rate climbed for the fifth straight month to 26.1 percent in August of 2021, its highest since October of 2017, as the kwanza remains under pressure due to the strong dependence on imported products. On a monthly basis, consumer prices were up 2.1 percent, the same pace as in the previous month. Upward pressure came mostly from prices of food & non-alcoholic beverages (2.7 percent); furnishings (2.1 percent); miscellaneous goods & services (1.9 percent) and alcoholic beverages & tobacco (1.9 percent). source: Instituto Nacional de Estatística, Angola
Inflation Rate in Angola averaged 33.88 percent from 2001 until 2021, reaching an all time high of 241.08 percent in January of 2001 and a record low of 6.89 percent in June of 2014. This page provides the latest reported value for - Angola Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Inflation Rate in Angola is expected to be 26.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Inflation Rate is projected to trend around 12.00 percent in 2022 and 10.00 percent in 2023, according to our econometric models.