Ver Angola

Economy

Inflation rate stood at 28.41 percent in November

Inflation stood at 28.41 percent in November, maintaining the deceleration in the annual comparison for the fourth consecutive month, but increased again in monthly terms with a variation of 1.61 percent, an increase of 0.06 percentage points.

: Lusa
Lusa  

According to the Quick Information Sheet (FIR) of the National Consumer Price Index (IPCN), released by the National Statistics Institute, the "health" class was the one that contributed most to the monthly price increase, with a variation of 2.43 percent.

Also noteworthy were the price increases in the following classes: "clothing and footwear" and "alcoholic beverages and tobacco" with 1.89 percent each and "hotels, cafes and restaurants" with 1.87 percent.

The provinces that recorded the lowest price variation were Lunda Sul with 1.34 percent, Huambo with 1.37 percent and Malanje with 1.41 percent, while Cabinda with 2.46 percent, Namibe with 2.38 percent and Lunda Norte with 2.17 percent had the biggest monthly increases.

The annual variation was 28.41 percent, an increase of 10.22 percentage points compared to that observed in November 2023, but maintaining the deceleration trend compared to the 29.17 percent recorded in October.

The "food and non-alcoholic beverages" class contributed most to the increase in the general price level with an increase of 1.06 percentage points during the month of November compared to the same month last year, followed by the classes: "miscellaneous goods and services", "health" and "clothing and footwear".

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