POST Online Media Lite Edition


Angola: Inflation comes in at highest level since October 2017 in May

Christian Fernsby |
Consumer prices increased 2.21% in May over the previous month, a smaller increase than April's 2.32% increase.

Article continues below

Topics: ANGOLA   

May's result marked the softest rise in prices since January. The print was driven by softer price increases for food and non-alcoholic beverages, and communications.

Inflation came in at 28.0% in May, which was up from April’s 27.7%. May's result marked the highest inflation rate since October 2017. Meanwhile, annual average inflation rose to 24.9% in May from 24.3% in April.

What to read next

Russia holds key interest rate at 9%
Mexico: Inflation moderates for second consecutive month in February
Asia Pacific: Good times, uncertain times — time to prepare