Continental Postal Services of Hebland

Angola inflation Rate Keeps Cooling — TradingView News

The annual inflation rate in Angola fell further to 8.78% in August 2026 from 9.33% in July, marking the lowest since April 2015 and extending the downward trend observed since mid-2024.

The moderation in inflation has been attributed mainly to the relative stability of the kwanza and improvements in the domestic supply of essential goods.

Price growth eased for several CPI categories, including food & non-alcoholic beverages (9.94% vs 10.40% in July); clothing & footwear (6.20% vs 6.30%); housing & utilities (8.24% vs 10.17%); miscellaneous goods & services (6.02% vs 6.38%) and education (19.33% vs 25.24%).

Meanwhile, prices increased slightly faster for alcoholic beverages & tobacco (9.02% vs 8.61%) and transportation (3.67% vs 3.65%).

On a monthly basis, the CPI rose by 0.59%, slowing from a 0.75% increase in the prior month.

Credit: Source link

Leave A Reply

Your email address will not be published.