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Inflation rate: In Angola, the upward trajectory continues for the 14th consecutive month

17/07/2024
Source : ORISHAS-FINANCE
Categories: Rate

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The inflation rate in Angola jumped to 31% in June. It is thus continuing its upward trajectory for the 14th consecutive month.

La tendance des taux d' inflation en Angola est poussée mainly through the sharp rise in food and drink prices, highlighting the escalation of costs that have an impact on daily life. Food and non-alcoholic drinks exerted the greatest influence, adding 1.33 percentage points to the overall price level. Diverse goods and services follow closely behind, contributing 0.19 percentage points. Health care and clothing and footwear each contributed 0.11 percentage points. Hotels, cafes and restaurants contributed an additional 0.08 percentage points

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