Consumer prices in Angola were up 1.72 percent from a year ago in February of 2020, slowing from a 2.05 percent increase in the previous month, amid a slowdown in costs of education (3.08 percent vs 32.87 percent) and housing & utilities (0.44 percent vs 1.01 percent). In contrast, prices rose further mainly for food (2.11 percent vs 1.96 percent); transport (1.43 percent vs 0.69 percent); hotels, cafes & restaurants (1.74 percent vs 1 percent); recreation & culture (1.87 percent vs 1.75 percent) and alcoholic beverages & tobacco (1.91 percent vs 1.75 percent).
Inflation Rate Mom in Angola averaged 1.26 percent from 2011 until 2020, reaching an all time high of 4.26 percent in July of 2016 and a record low of 0.41 percent in October of 2013. This page provides the latest reported value for - Angola Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Inflation Rate MoM - values, historical data and charts - was last updated on April of 2020. source: Instituto Nacional de Estatística, Angola
Inflation Rate Mom in Angola is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Angola to stand at 2.70 in 12 months time. In the long-term, the Angola Inflation Rate MoM is projected to trend around 2.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.