Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • Annual inflation rose to 22.6% in June, the 8th consecutive monthly increase;

  • According to INE, Angolan GDP dropped 1.8% yoy in Q1 2020;

  • According to data from the Ministry of Finance, in the first half of this year, crude exports decreased by 2.4% compared to the same period last year, averaging 1.36 million barrels per day;

  • Also in the first half of 2020, Angola exported 3.51 million carats in diamonds, a 14.9% yoy decrease;

  • According to BNA data, USD 2.68 billion in foreign currency were sold to retail banks in the first half of the year, a drop of 37.7% yoy.

Best regards,

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