Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

• Annual inflation continued to accelerate, reaching 24.4%, its highest value since November 2017, according to the INE;
• Imports of goods listed in PRODESI decreased in September relative to August, totaling USD 146 million (-19.9% mom), according to data from the Ministry of Finance;
• Diamond exports amounted to 4.4 million carats between January and September 2020, a drop of 31.2% compared to the same period in 2019;
• In the oil market, Brent is trading upwards today, supported by news of the a solid performance by Moderna's vaccine.

Best regards,
BFA

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