Inflation in Angola stood at 13.9% in December, the lowest since 2015

Inflation in Angola fell again, in year-on-year terms, in December last year, settling at 13.86%, the lowest value in seven years, according to data from the National Institute of Statistics (INE).

According to the National Consumer Price Index, the year-on-year variation registered, in December 2022, a decrease of 13.17 percentage points in relation to the same period of the previous year (December 2021), with a deceleration of 1 .38 percentage points in relation to the previous month.

According to INE statistical series, to which Lusa had access, since December 2015 prices have not been so low (12.09%).

In monthly terms, the IPCN registered a variation of 0.87% between November and December 2022.

Comparing the monthly variations, there was an acceleration of 0.05 percentage points, contrary to what happened in homologous terms (December 2021 to December 2022), with a deceleration of 1.23 percentage points.

By consumer class, during the month of December 2022, the “Clothing and Footwear” class was the one that recorded the highest price increase (1.98%), with increases also being seen in “Health” (1.85% ), “Miscellaneous Goods and Services” (1.46%) and “Leisure, Recreation and Culture” (1.08%), while transport and communications had less expressive variations (0.23% and 0.27%, respectively ), and in education were unchanged.

With information from Notícias ao Minuto

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