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Inflation falls to 9.33% in Angola

By , based on Jornal F8

Inflation falls to 9.33% in AngolaIllustrative image · Kampus Production · Pexels · Licence Pexels

7 August (Jornal Folha 8) — Annual inflation in Angola fell to 9.33% in July. It dropped below 10% for the first time since the national index was launched in 2015, after falling by 10.15 points year on year.

Year-on-year inflation in Angola fell to 9.33% in July, dropping below 10% for the first time since the National Consumer Price Index series began in 2015. The figure was published by the National Statistics Institute (INE).

The rate fell by 0.78 percentage points compared with June and by 10.15 points year on year, continuing its downward trend, according to an INE press release. Six Angolan provinces nevertheless still have double-digit inflation, with Cabinda recording the highest price levels.

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