Angola Inflation Slows to 8.43% in September
Angola inflation eased to 8.43% in September, the lowest in INE's table since 2021, while food still drove more than two thirds of price growth. The post Angola Inflation Slows to 8.43% in September appeared first on The Rio Times .
Angola's inflation rate slowed to 8.43% in September 2026, down from 8.78% in August 2026, according to the national statistics office INE. This is the lowest reading since January 2021, with annual inflation peaking at 31.09% in July 2024. Food and non-alcoholic drinks contributed the most to the 8.43% total at 5.77 percentage points, accounting for more than two thirds of all inflation.
Education experienced the fastest price growth at 18.53%, followed by health and alcohol and tobacco at 9.10% each. Housing, water, electricity and fuel rose 9.07%. Regional variations were notable, with Cuando Cubango in the south-east having the highest rate at 11.26%, while Cuanza Norte in the north had the lowest at 5.65%. The Banco Nacional de Angola (BNA) cut its benchmark interest rate to 14.75% from 15.75% on September 15, 2026, citing the slowdown in inflation.
The central bank also reduced the reserve ratio banks must hold from 17.5% to 16.5%, freeing more money for lending. The BNA's lower policy rate gives it room to ease further, with a forecast for inflation at the end of 2026 at 8.6%, slightly below the actual figure. Despite the easing, food prices still rise faster than the headline rate, leaving poorer households little relief.
The business weekly Expansão noted the BNA's rate is the lowest since June 2016, and the country's dollar bonds become easier to hold due to reduced risk of currency shock.
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