Inflation in Angola continued its downward trajectory in October, easing to 8.16% — a decline of 0.27 percentage points from the previous month — according to data released on Friday, 6 November, by Angola's National Statistics Institute (INE).
Based on the National Consumer Price Index (IPCN), the October reading represents a deceleration of 9.27% compared with the same period a year earlier.
The INE noted that food and non-alcoholic beverages was the category that contributed most to the overall rise in price levels, accounting for 5.62 percentage points of the increase during October.
According to the statistical data, education continued to record the largest year-on-year price increase, posting a variation of 15.82%.
Other notable increases included alcoholic beverages and tobacco at 9.37%, food and non-alcoholic beverages at 9.28%, and health at 9.05%.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/?p=559290
