Angola’s annual inflation rate eased for the seventh month to 19.8 percent in August of 2022 from 21.4 percent in the previous month. It was the lowest reading since March of 2020, amid a stable kwanza. On a monthly basis, consumer prices rose by 0.8 percent, the lowest monthly increase since April of 2015. Prices stagnated for education (vs 3.5 percent in July) and slowed for furnishings and household maintenance (1 percent vs 1.1 percent), while prices rose at a constant rate for food and non-alcoholic beverages (at 0.6 percent). source: Instituto Nacional de Estatística, Angola
Inflation Rate in Angola averaged 33.49 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 September of 2022.
Inflation Rate in Angola is expected to be 18.70 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 8.00 percent in 2023 and 7.00 percent in 2024, according to our econometric models.