Ver Angola


Inflation rose 26.98 percent in November

Inflation in Angola rose 26.98 percent in November compared to the same period in 2020, also accelerating 2.08 percentage points compared to the variation registered in October, announced this Monday the National Institute of Statistics (INE).


According to the National Consumer Price Index (IPCN) of November 2021, the year-on-year change in inflation in this period stands at 26.98 percent, representing an increase of 2.08 percentage points compared to the same previous period (November 2020).

"Comparing the current year-on-year variation with that registered in the previous month, there is an acceleration of 0.11 percentage points", reads the Rapid Information Sheet (FIR) prepared by INE.

Regarding the evolution of prices in relation to October, the IPCN "recorded a variation of 2.08 percent" and underlines that "comparing the monthly variations (October 2021 to November 2021) there is an acceleration of 0.02 percentage points in relation to the whereas, in year-on-year terms (November 2020 to November 2021), there is an acceleration in the current variation of 0.09 percentage points".

The provinces of Bié with 1.88 percent, Bengo with 1.91 percent, Cuanza Sul and Uíge with 1.95 percent each and Cunene with 2.02 percent are the ones that registered the smallest change in prices during the month of November.

The greatest variation in prices was registered in the provinces of Cuanza Norte (2.25 percent), Huíla (2.24 percent) and Zaire, Malanje and Namibe with 2.23 percent each.

In terms of the sectors that most influenced the evolution of prices, INE states that the "Food and Non-Alcoholic Beverages" class was the one that registered the biggest increase in prices, with a variation of 2.42 percent. price increases in the "Clothing" classes with 2.19 percent, "Alcoholic Drinks and Tobacco" with 2.18 percent and "Furniture, Household Equipment and Maintenance" with 2.16 percent.


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