Ver Angola


Inflation drops to 22.96 percent in June, the lowest in almost two years

The consumer price index in Angola stood at 22.96 percent in June, the lowest value in almost two years, and which represents a decrease of 2.36 percentage points compared to the inflation recorded in June 2021.


According to data from the National Institute of Statistics (INE), the "year-on-year change stands at 22.96 percent, registering a decrease of 2.36 percentage points compared to that observed in the same period of the previous year (June 2021). )".

This is the lowest figure since August 2020, when inflation was at 23.41 percent.

From May to June of this year, inflation varied by 0.84 percent, a deceleration of 0.09 percentage points, comparing the monthly changes, while in year-on-year terms (comparing June 2021 and June 2022) there was a deceleration of 1 .46 percentage points.

Among the twelve categories of expenditure analysed, health had the biggest increase in prices compared to the previous month, with a variation of 1.78 percent, with emphasis also being placed on increases in clothing and footwear (1.59 percent), furniture and , household equipment and maintenance (1.40 percent) and alcoholic beverages and tobacco (1.38 percent).


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