Ver Angola

Economy

Inflation rises but continues to slow down

Inflation in Angola rose 19.73 percent in June compared to the same period last year, maintaining the slight slowdown trend that has been seen in recent months.

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According to data from the National Institute of Statistics, prices rose 19.73 percent in June compared to the same month in 2024, a decrease from the 20.74 percent increase recorded in May compared to the same period in 2024.

In Luanda, prices rose 18 percent in June, compared to the 19.7 percent increase recorded in May compared to the same months last year.

Inflation of 19.73 percent is the lowest value since January 2024, in a context where price increases have been slowing since the peak of 31.09 percent recorded in July of last year.

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