Angola's annual inflation rate eased for the third straight month to 24.42% in May of 2022, from 25.79% in the previous month. It was the lowest reading since January of 2021, amid the continuous strenghtening of the kwanza. On a monthly basis, consumer prices were up 0.93%, following a 1.12% increase in the previous month, amid a slowdown in prices of food & non-alcoholic beverages (0.79% vs 1.07% in April) and transport (0.60% vs 0.73%). source: Instituto Nacional de Estatística, Angola
Inflation Rate in Angola averaged 33.63 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 July of 2022.
Inflation Rate in Angola is expected to be 24.00 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 16.00 percent in 2023 and 12.00 percent in 2024, according to our econometric models.