Angola Inflation Rate YoY
In Angola, the gauge of the differences in the price of a fixed basket of 240 products and services across time is set by The Consumer Price Index (CPI). Food and Non Alcoholic beverages (55.1% of total weight), Housing, Water, Electricity, Gas, and Other Fuels (11.1%), and Clothing and Footwear (7%) are the most significant components of the CPI. 6.9% of the index's total value is devoted to Miscellaneous Goods and Services, 6.3% is devoted to Housing Equipment and Routine Maintenance of the House, 3.9% is dedicated to Transport, and 3.2% is dedicated to Restaurants and Hotels. Also in the index accounting for 2.5% is Health, 2.3% accounting for Alcoholic Beverages and Tobacco, 1.6% accounting for Recreation, and 1% accounting for Education.
A higher than expected figure should be seen as positive (bullish) for the AOA while a lower than expected figure should be seen as negative (bearish) for the AOA.
