Oxford Economics estimates that inflation in Angola will fall from 28% in 2024 to 19.2% over the next year, with the national currency depreciating to 927.4 kwanzas per dollar in 2025.
“Inflation in Angola will continue to fall in 2025, thanks to the favourable base effect and the absence of pressure from international oil prices, but the weakening of the Angolan currency in the second half of 2024, to more than 900 kwanzas per dollar, will slow the pace of the fall in inflation next year,” according to the analysts from this British consultancy.
In a commentary on the latest inflation figures in Angola, sent to clients and to which Lusa had access, Oxford Economics writes that “the average exchange rate of the Angolan currency should worsen to 927.4 kwanzas per dollar in 2025, which will keep inflation under pressure.
Inflation in Angola stood at 28.41% in November, maintaining the year-on-year slowdown for the fourth consecutive month, but rose again in monthly terms with a variation of 1.61%, an increase of 0.06 percentage points.
According to the Rapid Information Sheet of the National Consumer Price Index (CPI), released by the National Statistics Institute, the “health” class was the one that contributed most to the monthly price increase, with a variation of 2.43%.
The year-on-year change stood at 28.41%, an increase of 10.22 percentage points compared to November 2023, but maintaining the downward trend from the 29.17% recorded in October.
Lusa
