"The year-on-year variation stands at 24.82 percent, registering an increase of 4.01 percentage points in relation to that observed in the same period of the previous year", refers to the National Consumer Price Index (IPCN), released this Thursday -fair.
The same document points out that prices also increased 2.09 percent between March and April.
The Food and Non-Alcoholic Beverages category recorded the greatest increase in prices in this period, with 2.58 percent, followed by Health, with 2.21 percent, Miscellaneous Goods and Services, with 1.97 percent and Hotels, Cafes and Restaurants, with 1.84 percent.
The Food and Non-Alcoholic Beverages class was also the one that, according to the INE, "contributed most to the increase in the general price level", being responsible for 1.45 percentage points of the 2.09 percent increase in April.
The value recorded in April this year represents an increase of 0.31 percentage points compared to the previous month and, in year-on-year terms, of 0.04 percentage points compared to the 2.05 percent recorded in the same period last year.
Since the beginning of the year, inflation in Angola amounts to 7.65 percent, a value similar to that recorded in the first four months of 2020, when it reached 7.89 percent. Compared to 2019, this represents an increase of 3.25 percentage points compared to the 4.40 percent then registered.
According to INE, the Angolan provinces that registered the greatest increase were Luanda (2.32 percent), Lunda Sul (2.26 percent), Uíge (2.19 percent) and Zaire (2.17 percent) percent).
On the other hand, the provinces with the least variation were Huambo (1.66 percent), Moxico (1.61 percent), Bié (1.55 percent) and Cabinda (1.52 percent).
In the 2021 State Budget proposal, Luanda estimated an annual cumulative inflation rate of 18.27 percent for this year.
In January, consultant NKC African Economics estimated that inflation is expected to rise from 22.2 percent in 2020 to 22.6 percent this year, due to currency depreciation and the economic crisis.
