Ver Angola


Inflation below 20 percent for the first time since April 2020

The national consumer price index (IPCN) in Angola stood at 19.78 percent in August, a decrease of 6.31 percentage points compared to the same month and the lowest value since April 2020, when it reached 20 .81 percent.


According to data from the National Statistics Institute (INE), the Food and Non-Alcoholic Beverages category contributed the most to the increase in the general level of prices, with 0.35 percentage points during the month of August.

The Miscellaneous Goods and Services classes followed, with 0.08 percentage points, Clothing and Footwear and Health, with 0.06 percentage points each, and Furniture, Domestic Equipment and Maintenance, with 0.05 percentage points, while the remaining categories had contributions of less than 0.05 percentage points.

In monthly terms, the IPCN registered a variation of 0.76 percent from July to August 2022. Comparing the monthly variations (July to August 2022) there was a deceleration of 0.05 percentage points, while, in In homologous terms (August 2021 to August 2022), there is a deceleration in the current variation of 1.37 percentage points.

The provinces that registered the least variation in prices were Moxico (0.60 percent), Uíge (0.62 percent) and Bié (0.63 percent), while Zaire with 1.13 percent, Cuanza Norte with 1, 01 percent and Kwanza Sul with 0.96 percent showed the greatest variation.

The Clothing and Footwear class registered the highest monthly price increase, with a variation of 1.69 percent, with also noteworthy price increases in Health (1.68 percent), Alcoholic Beverages and Tobacco ( 1.32 percent) and Miscellaneous Goods and Services (1.25 percent).


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