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Angola CPI Note March 2023

Angola CPI Note March 2023

Angola’s Mar ’23 CPI print came in at 10.81% y/y, slowing from 11.54% in Feb ’23. Monthly inflation accelerated slightly to 0.90% from 0.85%. Angola's inflation has now dropped by 16.19%pts since Mar ’22 (27.0%), slowly easing its way towards single-digit territory in the coming months. Once again inflation was driven by food and non-alcoholic beverages.

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