Angola's annual inflation rate picked up to 16.9 percent in December 2019 from 16.3 percent in the prior month. It was the highest inflation rate since August, following the recent VAT introduction and the continued devaluation of the Kwanza after the National Bank of Angola floated the currency in October. On a monthly basis, consumer prices increased 1.9 percent, the most since September 2018, after rising 1.5 percent in November. Main upward pressure came from prices of food & non-alcoholic beverages (2.3 percent vs 1.9 percent); housing & utilities (0.4 percent vs 0.3 percent); transport (1.8 percent vs 1.3 percent); clothing & footwear (2.1 percent vs 1.6 percent) and miscellaneous goods & services (1.8 percent vs 1.6 percent).

Inflation Rate in Angola averaged 34.81 percent from 2001 until 2019, 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. source: Instituto Nacional de Estatística, Angola

Inflation Rate in Angola is expected to be 17.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Angola to stand at 22.00 in 12 months time. In the long-term, the Angola Inflation Rate is projected to trend around 15.00 percent in 2021, according to our econometric models.


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Angola Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.90 16.32 241.08 6.89 2001 - 2019 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-14 09:00 AM Sep 16.08% 17.5% 17.1%
2019-11-13 04:50 PM Oct 16.08% 16.08% 17%
2019-12-16 09:45 AM Nov 16.32% 16.08% 17%
2020-01-15 11:50 AM Dec 16.90% 16.32% 16.5%
2020-02-17 11:00 AM Jan 16.90% 16.7%
2020-03-13 11:00 AM Feb 16.9%
2020-04-13 11:00 AM Mar 17.1%
2020-05-14 11:00 AM Apr


News Stream
Angola December Inflation Rate Hits 4-Month High of 16.9%
Angola's annual inflation rate picked up to 16.9 percent in December 2019 from 16.3 percent in the prior month. It was the highest inflation rate since August, following the recent VAT introduction in October and the continued devaluation of the Kwanza. On a monthly basis, consumer prices increased 1.9 percent, the most since September 2018, after rising 1.5 percent in November. Main upward pressure came from prices of food & non-alcoholic beverages (2.3 percent vs 1.9 percent); housing & utilities (0.4 percent vs 0.3 percent); transport (1.8 percent vs 1.3 percent); clothing & footwear (2.1 percent vs 1.6 percent) and miscellaneous goods & services (1.8 percent vs 1.6 percent).
2020-01-15
Angola Inflation Rate Hits 3-Month High of 16.3%
Angola's annual inflation rate rose to 16.3 percent in November 2019 from 16.1 percent in the previous month, reflecting some impact of the recent introduction of the VAT and also the continued devaluation of the Kwanza. On a monthly basis, consumer prices inched up 1.5 percent, following a 1.4 percent rise in the prior month, as prices advanced faster mostly for housing & utilities (0.3 percent vs 0.1 percent in October); clothing & footwear (1.6 percent vs 1.3 percent); miscellaneous goods & services (1.6 percent vs 1 percent) and transport (1.3 percent vs 0.9 percent). Meanwhile, inflation remained steady for food & non-alcoholic beverages (at 1.9 percent).
2019-12-16
Angola Inflation Rate Steady at Near 4-Year Low of 16.1%
Angola's annual inflation rate was unchanged at 16.1 percent in October 2019, its lowest level since January 2016. On a monthly basis, consumer prices went up 1.38 percent, easing from a 1.45 percent rise in the previous month, as cost increased less for housing & utilities (0.1 percent vs 1.2 percent); clothing & footwear (1.30 percent vs 1.63 percent); transport (0.9 percent vs 1.1 percent); miscellaneous goods & services (1 percent vs 1.7 percent) and recreation & culture (1.4 percent vs 1.7 percent). In contrast, inflation edged higher for food & non-alcoholic beverages (1.92 percent vs 1.58 percent), in particular soybean oil (3.5 percent); sugar (3.6 percent) and rice (5 percent).
2019-11-13
Angola Inflation Rate Lowest in Near 3 Years
Angola's annual inflation rate dropped to 16.08 percent in September 2019, its lowest level since January 2016, from 17.50 percent in the previous month. On a monthly basis, consumer prices went up 1.45 percent, following a 1.44 percent increase in August, amid higher prices of food & non-alcoholic beverages (1.58 percent vs 1.34 percent); miscellaneous goods & services (1.66 percent vs 1.37 percent) and restaurants & hotels (1.45 percent vs 1.37 percent). Meanwhile, cost slowed mostly for housing & utilities (1.15 percent vs 1.80 percent); clothing & footwear (1.63 percent vs 1.70 percent) and transport (1.14 percent vs 1.29 percent).
2019-10-14

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 are Food and Non Alcoholic Beverages (55.1 percent of total weight); Housing, Water, Electricity, Gas and Other Fuel (11.1 percent) and Clothing and Footwear (7 percent). Miscellaneous Goods and Services account for 6.9 percent of total index, Housing Equipment and Routine Maintenance of the House for 6.3 percent, Transport for 3.9 percent and Restaurants and Hotels for 3.2 percent. Health represents 2.5 percent of total weight, Alcoholic Beverages and Tobacco 2.3 percent, Recreation 1.6 percent and Education 0.01 percent.