Africa-Press – Angola. The National Consumer Price Index (IPCN) in June recorded a year-on-year change of 19.73 percent, representing a reduction of 11.27 percent compared to the same period in 2024, the National Statistics Institute (INE) has said.
This is the first time that the IPCN, one of the indicators used to measure inflation in the country, has fallen below 20% since November 2023.
According to INE’s IPCN Monthly Report, comparing the current year-on-year variation with that recorded in May, there was a slowdown of 1.01 percentage points.
It also points out that, the provinces with the lowest price variation were Cunene, with 0.73%, Luanda (1.05%), Huambo (1.04%), while Cuando and Cubango, as well as Zaire and Bengo, with 1.08% each.
Provinces with the highest price variation were Benguela and Cabinda, with 1.78% each, Uíge (1.48%), and Cuanza-Norte (1.45%).
The INE report points to housing, water, electricity, and fuel as the category that saw the highest price increase, with a variation of 3.33% along with miscellaneous goods and services, with 1.56%, furniture, household equipment, and maintenance, with 1.37%, and health (1.26%).
The Consumer Price Index is one of the indicators used to measure inflation, reflecting the variation in the prices of goods and services consumed by households.
This indicator is calculated based on a basket of goods and services that represents household consumption, with its percentage variation indicating the inflation rate.
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