Luanda – Global inflation in Angola stood at 1.15% in January this year, compared to 2022 there was a reduction of 1.11%, ANGOP has learnt.
As compared to the monthly variation of December, 2022, there is a reduction of around 0.04%.
According to the January Wholesale Price Index 2023, published by the National Institute of Statistics (INE), now there is an accumulated value of 17.50 %.
The source also pointed to imported products as having contributed the most with 0.67 percentage points – pp (59%) and local products with 0.48 pp (41%) of the total inflation value, of the overall value registered in January of this year
Inflation of national products in January was 1.87%, with emphasis on Section D – the manufacturing industry, with 1.09 pp, being the one that most contributed to the change in prices of national products.
list comprises other products that contributed the most to inflation.
They include beer (0.43 pp), fizzy drinks (0.35 pp), wheat flour (0.03 pp), beef (0.02 pp), soap in bars, engine oil and frozen horse mackerel (0.01 pp), and others.
Meanwhile, the inflation of imported products in January 2023 was 0.91%, with Section D, likewise, the manufacturing industry that contributed the most to price changes (0.84 pp).
Other products that most contributed to the variation in the prices of imported products include pork (0.18 pp), red wine (0.07 pp), chorizo (sausage) and fizzy drinks (0.04 pp), sugar, frozen chicken and pasta (0.03 pp each), long white rice, frozen horse mackerel, powdered milk, offal and beef (0.02 pp each) and soybean oil (0.01 pp). NE/PPA
Source: Angola Press News Agency