Angola’s annual inflation falls to 8.43% in September
By the AFREEQUE newsroom, based on Expansao
Annual inflation in Angola reached 8.43% in September, down 0.36 percentage points from August, extending a slowdown observed for 26 months. Prices are nevertheless continuing to rise, particularly in education, where the annual increase reached 18.53%, according to Expansão.
Annual inflation in Angola fell by 0.36 percentage points in September, to 8.43%, extending a slowdown seen for 26 consecutive months, according to Angolan business publication Expansão.
This brings inflation to its lowest level since April 2015, when the annual rate stood at 8.23%. Average inflation nevertheless remains above 10% in Angola and exceeds the International Monetary Fund’s forecast for sub-Saharan Africa, reports Expansão.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
