Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Between January and September 2021, Angola's oil exports recorded an average of 1.12 million barrels per day (mbd), a drop of 14.2% compared to the same period of the previous year;
According to data collected independently by OPEC, Angola produced around 1.13 mbd in September (-8.3% yoy);
On the international markets, Brent rose about 2.8% in the last week, and is now trading around USD 84.7;
Angola annual inflation rose to 26.6% in September, registering the 6th consecutive month of increase and the highest value since July 2017;
The International Monetary Fund forecasts a 0.66% contraction of the Angolan economy in 2021.

Best regards,
BFA

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