Angola’s annual inflation rate decreased to 25.26% in February 2025, its lowest in a year, aided by the stability of the kwanza. Monthly consumer prices rose by 1.59%, down from 1.67% in January, with slower price increases noted in food, alcoholic beverages, and miscellaneous goods.
The annual inflation rate in Angola experienced a decline for the seventh consecutive month, reaching 25.26% in February 2025. This figure marks the lowest inflation rate recorded in one year, down from 26.48% the previous month, largely due to the relative stability of the national currency, the kwanza.
In terms of monthly changes, consumer prices increased by 1.59% in February, slightly less than the 1.67% inflation observed in January. Key contributions to this decrease in inflation came from the moderation in price rises for various categories.
Notably, the rise in prices for food and non-alcoholic beverages was 1.75%, down from 1.87% the prior month. Similarly, alcoholic beverages showed an increase of 1.91%, down from 2.02%. Miscellaneous goods and services saw a growth of 1.67%, a reduction from 1.84% in the previous month.
In summary, Angola has reported its lowest inflation rate in a year, thanks to the stability of the kwanza and a reduction in the pace of price increases across various goods and services. This trend reflects ongoing efforts to manage inflation effectively, leading to a more favorable economic environment for consumers. Continued monitoring of these trends will be essential for understanding Angola’s economic trajectory.
Original Source: www.tradingview.com