LUANDA, 13 September 2024 — Angola’s Consumer Price Index (CPI) saw a slight decrease in August, with the index stopping at 1.61%, compared to 1.68% in July. This month-over-month decline suggests a mild easing in inflationary pressures within the country.According to the latest data released, the CPI had previously marked a 1.68% rise in July, evaluated against the preceding month of June. The updated figures, which reflect a comparison between July and August, show a modest but noticeable reduction in the growth rate of consumer prices.The updated data, released today, provides a more comprehensive outlook on the inflation trajectory for Angola as it continues to navigate economic challenges. As the nation monitors these developments, the next set of data will be crucial for understanding the longer-term trends in Angola’s economic health.The material has been provided by InstaForex Company – www.instaforex.com
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