Luanda: National Bank of Angola (BNA) Governor Manuel Tiago Dias on Wednesday called on economic agents in Luanda to continue working to sustain the downward trend and stabilisation of the country's inflation rate. Speaking to the press on the occasion of the National Consumer Price Index (NCPI), which recorded a year-on-year variation of 9.33 percent in July 2026, he stressed that efforts to curb inflation in the economy must be sustained.
According to Angola Press News Agency, Dias highlighted that the country had not recorded single-digit inflation for many years, as reflected in recent data released by the National Statistics Institute (INE). He emphasized that this significant achievement should be preserved to maintain economic stability.
Data released by the INE show that the NCPI recorded a year-on-year variation of 9.33 percent in July 2026, representing a slowdown of 0.78 percentage points compared with the previous month and 10.15 percentage points compared with the same period last year.
The INE further reported that the Education category recorded the largest increase in the price index, with a year-on-year variation of 25.24 percent, followed by Food and Non-Alcoholic Beverages at 10.40 percent, Housing, Water, Electricity and Fuels at 10.17 percent, and Health at 10.16 percent.
The Food and Non-Alcoholic Beverages category made the largest contribution to the increase in the overall price level during July, accounting for 6.30 percent, followed by Education at 0.47 percent, Miscellaneous Goods and Services at 0.46 percent, and Health at 0.44 percent. The remaining categories each contributed less than 0.44 percent.
