Angola’s annual inflation rate decreased to 25.26% in February 2025, the lowest in a year. This marks the seventh consecutive month of decline, aided by the stability of the kwanza. Monthly consumer prices increased by 1.59%, down from 1.67% in January, with price increases slowing in key sectors such as food and beverages.
In February 2025, Angola experienced a decline in its annual inflation rate, marking the seventh consecutive month of decrease. The inflation rate stood at 25.26%, a reduction from 26.48% recorded in January. This change was attributed to the relative stability of the kwanza, Angola’s currency.
Additionally, consumer prices saw a monthly increase of 1.59% in February, slightly lower than the 1.67% rise noted in the previous month. The moderation in prices was particularly evident in categories such as food and non-alcoholic beverages, which rose by 1.75% compared to 1.87% in January; alcoholic beverages increased by 1.91%, down from 2.02%; and miscellaneous goods and services came in at 1.67%, compared to 1.84% last month.
The reduction in Angola’s inflation rate to 25.26% highlights a positive trend in economic stability. With consumer price increases moderating across various sectors, it is evident that the stability of the kwanza has played a crucial role in this decline. Continued monitoring and strategic economic measures will be essential to further enhance Angola’s financial landscape.
Original Source: www.tradingview.com