Angola's annual inflation rate soared to 22.62 percent in June of 2020 from 21.82 percent in May. That was the highest rate since January of 2018, amid the continued depreciation of the kwanza and lingering effects of the global pandemic. On a monthly basis, consumer prices went up 1.74 percent, easing from a 1.94 percent rise in the previous month, as inflation softened mostly for food & non-alcoholic beverages (2.28 percent vs 2.59 percent in May) and transport (0.92 percent vs 1.41 percent). Meanwhile, prices advanced faster for restaurants & hotels (2.19 percent vs 2.05 percent).

Inflation Rate in Angola averaged 34.43 percent from 2001 until 2020, 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 July of 2020. source: Instituto Nacional de Estatística, Angola

Inflation Rate in Angola is expected to be 24.60 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 23.00 in 12 months time. In the long-term, the Angola Inflation Rate is projected to trend around 19.00 percent in 2021 and 17.00 percent in 2022, according to our econometric models.

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Angola Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
22.62 21.82 241.08 6.89 2001 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-14 09:00 AM Mar 19.62% 18.74% 19.3%
2020-05-12 09:00 PM Apr 20.81% 19.62% 20%
2020-06-15 03:00 PM May 21.82% 20.81% 21.7%
2020-07-13 09:30 AM Jun 22.62% 21.82% 22.5%
2020-08-13 11:00 AM Jul 22.62%
2020-09-11 11:00 AM Aug
2020-10-14 11:00 AM Sep 24.6%
2020-11-13 11:00 AM Oct


News Stream
Angola June Inflation Rate Highest since 2018
Angola's annual inflation rate soared to 22.62 percent in June of 2020 from 21.82 percent in May. That was the highest rate since January of 2018, amid the continued depreciation of the kwanza and lingering effects of the global pandemic. On a monthly basis, consumer prices went up 1.74 percent, easing from a 1.94 percent rise in the previous month, as inflation softened mostly for food & non-alcoholic beverages (2.28 percent vs 2.59 percent in May) and transport (0.92 percent vs 1.41 percent). Meanwhile, prices advanced faster for restaurants & hotels (2.19 percent vs 2.05 percent).
2020-07-13
Angola May Inflation Rate Nears 2-1/2-Year High of 21.8%
Angola's annual inflation rate climbed further to 21.82 percent in May of 2020 from 20.81 percent in April. That was the highest rate since January of 2018, as the kwanza currency remained under pressure amid fears of a severe recession prompted by the pandemic crisis. On a monthly basis, consumer prices were up 1.94 percent, slowing from a 2.05 percent rose logged in the previous month. Prices slowed mostly for food & non-alcoholic beverages (2.59 percent vs 3.15 percent in April); hotels, cafes & restaurants (2.05 percent vs 2.38 percent) and housing & utilities (0.4 percent vs 0.6 percent). Meanwhile, the cost of transport advanced faster (1.41 percent vs 0.93 percent).
2020-06-15
Angola Inflation Rate at Over 2-Year High
Angola's annual inflation rose to 20.81 percent in April of 2020 from 19.62 percent in the previous month. This was the highest inflation rate since March of 2018. On a monthly basis, consumer prices inched up 2.05 percent, after increasing 1.85 percent in the preceding month.
2020-05-12
Angola March Inflation Rate at Near 2-Year High of 19.6%
Angola's annual inflation continued to climb to 19.62 percent in March of 2020 from 18.74 percent in the previous month. This was the highest inflation rate since May of 2018, amid the continued devaluation of the Kwanza and the impact of the new coronavirus. On a monthly basis, consumer prices inched up 1.85 percent, after increasing 1.72 percent in the preceding month. Main upward pressure came from prices of food & non-alcoholic beverages (2.46 percent vs 2.11 percent) and housing (0.66 percent vs 0.44 percent).
2020-04-14

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.