"The year-on-year change stands at 27.00 percent, registering an increase of 2.24 percentage points compared to that observed in the same period of the previous year (March 2021)", reads the note released in Luanda, which points out that "comparing the current year-on-year change with that recorded in the previous month, there is a deceleration of 0.28 percentage points".
Compared to the previous month, the price index "registered a variation of 1.56 percent, from February to March 2022" and, the note also notes, "comparing the monthly variations (February to March 2022 ) there is a deceleration of 0.21 percentage points while, in year-on-year terms (March 2021 to March 2022), there is a deceleration in the current variation of 0.22 percentage points".
According to Angola's INE, "the 'Food and non-alcoholic beverages' class contributed the most to the increase in the general level of prices, with 1.02 percentage points during the month of March, followed by the 'Goods and miscellaneous services' with 0.10 percentage points, 'Furniture, household equipment and maintenance' and 'Clothing and Footwear' with 0.07 percentage points each and 'Health' and 'Transport' with 0.06 percentage points each".
All other classes contributed less than 0.06 percentage points to the rise in prices.
