FX.co ★ Angola Inflation Rate Slows to 2023-Lows

The annual inflation rate in Angola continued its downward trend, reaching 20.74% in May 2025, marking the lowest level since December 2023. This is a decline from the 22.32% recorded in the previous month. The stabilization of the kwanza has played a crucial role in curbing imported inflation. Additionally, high interest rates and improved consumer goods availability have supported a consistent disinflationary pattern since July 2024. On a month-to-month basis, consumer prices rose by 1.17% in May, which is the slowest increase since May 2023, following a 1.34% rise in April. The growth in prices has slowed across nearly all categories in the Consumer Price Index (CPI), including alcoholic beverages and tobacco (1.28% compared to 1.94% in April); clothing and footwear (1.24% compared to 1.80%); hotels, cafes, and restaurants (0.81% compared to 1.65%); recreation and culture (0.84% compared to 1.20%); and food and non-alcoholic beverages (1.25% compared to 1.43%).