Angola's annual inflation rate surged for the 14th month to 25.1% in December of 2020. It was the highest inflation rate since October of 2017, amid the ongoing currency depreciation due to the twin impact of Covid-19 and still subdued oil prices. On a monthly basis, consumer prices inched up 2.1%, the most since April, after increasing 1.8% in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.4% vs 2.3% in November); alcoholic beverages & tobacco (2% vs 1.9%); health (1.9% vs 2.1%); housing & utilities (1.8% vs 1.3%); clothing & footwear (1.9% vs 2.1%) and miscellaneous goods & services (1.9% vs 1.8%). source: Instituto Nacional de Estatística, Angola

Inflation Rate in Angola averaged 34.17 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 January of 2021.

Inflation Rate in Angola is expected to be 26.90 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 20.00 in 12 months time. In the long-term, the Angola Inflation Rate is projected to trend around 12.00 percent in 2022, according to our econometric models.

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Angola Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.10 24.90 241.08 6.89 2001 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-12 11:00 AM Sep 23.82% 23.41% 24.7%
2020-11-13 11:00 AM Oct 24.34% 23.82% 24.6%
2020-12-15 07:00 AM Nov 24.9% 24.34% 25.2%
2021-01-12 09:30 AM Dec 25.1% 24.9% 25.7%
2021-02-12 11:00 AM Jan 25.1%
2021-03-12 11:00 AM Feb
2021-04-14 09:00 AM Mar
2021-05-12 09:00 PM Apr


News Stream
Angola December Inflation Climbs Further to Over 3-Year High
Angola's annual inflation rate surged for the 14th month to 25.1% in December of 2020. It was the highest inflation rate since October of 2017, amid the ongoing currency depreciation due to the twin impact of Covid-19 and still subdued oil prices. On a monthly basis, consumer prices inched up 2.1%, the most since April, after increasing 1.8% in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.4% vs 2.3% in November); alcoholic beverages & tobacco (2% vs 1.9%); health (1.9% vs 2.1%); housing & utilities (1.8% vs 1.3%); clothing & footwear (1.9% vs 2.1%) and miscellaneous goods & services (1.9% vs 1.8%).
2021-01-12
Angola November Inflation Soars to Over 3-Year High
Angola's annual inflation rate soared for the 13th month to 24.9% in November of 2020 from 24.3% in October. It was the highest inflation rate since October of 2017, as the kwanza continued to depreciate due to the twin impact of Covid-19 and subdued oil prices. On a monthly basis, consumer prices rose 2%, the most since April, up from 1.8% in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.3% vs 2.1%); clothing & footwear (2.1% vs 1.9%) and hotels, cafes & restaurants (2%, the same pace as in October).
2020-12-15
Angola October Inflation Quickens for 12th Month
Angola's annual inflation rate soared for the twelfth consecutive month to 24.34% in October of 2020. It was the highest inflation rate since November of 2017, as the kwanza continued to depreciate reflecting the twin impact of Covid-19 and subdued oil prices amid renewed restrictive measures around the world. On a monthly basis, consumer prices inched up 1.81%, following a 1.78% increase in the prior month, mainly on account of food & non-alcoholic beverages (2.11%); alcoholic beverages & tobacco (2.08%); hotels, cafes & restaurants (1.97%) and clothing & footwear (1.89%).
2020-11-13
Angola Inflation Rate at Near 3-Year High of 23.82%
Angola's annual inflation rate climbed for the eleventh consecutive month to 23.82% in September of 2020. It was the highest inflation rate since November of 2017, due to the continued depreciation of the kwanza reflecting the twin impact of Covid-19 and subdued oil prices. On a monthly basis, consumer prices rose 1.78%, following a 1.83% increase in August, amid a slowdown in prices of miscellaneous goods & services (2.27% vs 2.78%); alcoholic beverages & tobacco (1.34% vs 2.41%); clothing & footwear (1.75% vs 1.99%); health (1.72% vs 1.93%) and restaurants & hotels (1.72% vs 1.97%).
2020-10-12

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.