Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In February, the national year-on-year inflation was 27.3%, a slight reduction of 0.4 basis points (bp) compared to January, the first fall in inflation since March 2021.
This month, the state began public debt auctions for 2022, issuing at significantly lower rates on first issues.
The Industrial Production Index (IPI) for the 4th Quarter of 2021 recorded an increase of 5.2% compared to the same period last year.
The Trade Balance ended the 4th Quarter of 2021 with a positive balance of around AOA 4.11 Trillion (Tn), doubling compared to AOA 2.09 Tn in 4Q 2020.
Data independently collected by OPEC point to an increase in oil production of 5.3% yoy in the month of February, totaling 1.18 million barrels per day (mbd).

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BFA

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