Although it stood at 17.43% last month, inflation could reach between 16% and 20.5% by the end of the year, according to analysts who nonetheless expect a lower rise compared to 2024, when inflation was recorded at 27.5%.
According to the National Institute of Statistics (INE), the National Consumer Price Index (NCPI) stood at 17.43% in October this year, showing a downward trend for the 15th consecutive month.
The data reveal that this is the lowest inflation level since October 2023, when it stood at 16.58%, representing a drop of 11.74 percentage points compared to the same month in 2024, when it was 29.17%, and a decrease of 0.73 percentage points compared to September 2025, when it stood at 18.16%.
According to the report, the health sector recorded the highest price increase at 20.86%, followed by transport (20.39%), miscellaneous goods and services (19.06%), and alcoholic beverages and tobacco (17.93%). The food and non-alcoholic beverages category contributed 10.72 percentage points to the overall inflation rate.
The report also notes that, by province, Cabinda recorded the highest inflation rate at 29.64%, while Luanda registered the lowest in the country at 15.63%. Economist Pascoal Guimarães forecasts that by the end of the year, inflation may rise to as much as 20%.
Source: O País
