Ver Angola


Inflation accelerated to 21.99 percent in January, the highest since July 2022

Inflation in Angola accelerated to 21.99 percent in January, the highest value in 18 months and which represents an increase of 9.44 percentage points compared to the same month of the previous year, according to the National Statistics Institute.


According to the Quick Information Sheet (FIR), the National Consumer Price Index registered a variation of 2.49 percent between December 2023 and January 2024, the largest in the series made available in the FIR, which covers 36 months ( since January 2021).

Monthly inflation has grown for 15 consecutive months, while annual inflation has continued on an upward trend since April 2023.

The “Health” class was the one that recorded the biggest price increase in January, with a variation of 3.15 percent, followed by “Miscellaneous goods and services” with 2.98 percent, “Food and non-alcoholic drinks ” with 2.94 percent and “Clothing and footwear” with 2.54 percent.

The provinces that recorded the greatest monthly variation in prices were Luanda with 3.40 percent, Huíla with 2.04 percent and Namibe with 1.99 percent.

In year-on-year terms, the “Food and non-alcoholic beverages” class contributed the most to the increase in the general price level with 1.74 percentage points during the month of January, followed by “Miscellaneous goods and services” with 0.21 , “Health” with 0.13 percentage points and “Clothing and footwear” with 0.10 percentage points.


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