Angola’s annual inflation rate eased for the 11th straight month to 13.86% in December of 2022 from 15.24% in the previous month. It was the lowest reading since November of 2015, amid a broadly stable kwanza and as food prices continued to ease on the back of a strong harvest. On a monthly basis, consumer prices inched up by 0.87%, the most in seven months, after increasing by 0.82% in the prior month. source: Instituto Nacional de Estatística, Angola

Inflation Rate in Angola averaged 33.22 percent from 2001 until 2022, 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 February of 2023.

Inflation Rate in Angola is expected to be 11.00 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 5.00 percent in 2024, according to our econometric models.

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Angola Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-12 06:00 PM Nov 15.24% 16.68% 15.5%
2023-01-12 07:30 PM Dec 13.86% 15.24% 14.4%
2023-02-13 05:00 PM Jan 13.86%


Related Last Previous Unit Reference
Inflation Rate 13.86 15.24 percent Dec 2022
Inflation Rate MoM 0.87 0.82 percent Dec 2022
Consumer Price Index CPI 144.64 143.38 points Dec 2022
Food Inflation 11.10 12.90 percent Dec 2022
Producer Prices Change 18.79 20.05 percent Dec 2022
Producer Prices 460.00 454.58 points Dec 2022
CPI Transportation 325.80 326.50 points Dec 2022
CPI Housing Utilities 411.60 408.30 points Dec 2022

Angola Inflation Rate
In Angola, the Consumer Price Index (CPI) measures the change over time in the cost of a fixed basket of 240 goods and services. The most important components in the CPI is Food and Non Alcoholic Beverages (56 percent of total weight). Miscellaneous Goods and Services account for 7 percent; Transport for 7 percent; Housing, Water, Electricity, Gas and Other Fuel for 5 percent and Furniture, Household Goods and Maintenance for 5 percent. The index also includes: Communication (4 percent); Clothing and Footwear (4 percent); Health (3 percent); Restaurant and Hotels (3 percent); Education (3 percent); Recreation and Culture (2 percent) and Alcoholic Beverages and Tobacco (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
13.86 15.24 241.08 6.89 2001 - 2022 percent Monthly
2020=100, NSA

News Stream
Angola Inflation Rate Hits Lowest since 2015
Angola’s annual inflation rate eased for the 11th straight month to 13.86% in December of 2022 from 15.24% in the previous month. It was the lowest reading since November of 2015, amid a broadly stable kwanza and as food prices continued to ease on the back of a strong harvest. On a monthly basis, consumer prices inched up by 0.87%, the most in seven months, after increasing by 0.82% in the prior month.
2023-01-13
Angola November Inflation Rate at Near 7-Year Low
Angola’s annual inflation rate eased for the tenth straight month to 15.24% in November of 2022 from 16.68% in the previous month. It was the lowest reading since January of 2016, on the back of a stable supply of essential goods. On a monthly basis, consumer prices inched up by 0.82%, the most in five months, after increasing by 0.78% in the prior month. Upward pressure came mostly from prices of health (1.84% vs 1.74% in October); food & non-alcoholic beverages (0.75% vs 0.62%) and housing & utilities (0.92% vs 0.74%).
2022-12-13
Angola Inflation Rate Slows for 9th Month
Angola’s annual inflation rate eased for the ninth straight month to 16.68% in October of 2022 from 18.16% in the previous month. It was the lowest reading since November 2019, with high oil prices continuing to support the kwanza and keeping imported inflation well contained. On a monthly basis, consumer prices increased by 0.78% in October, compared with a 0.79% rise in September, mainly on account of prices of health (1.74%), clothing & footwear (1.72%), and miscellaneous goods & services (1.26%).
2022-11-14