BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The year-on-year inflation rate rose again in July to 31.1%, accelerating 0.1 percentage points (pp) compared to the same month of the previous year – by rising just 0.1pp, the variation in the general price level registered the lowest increase over the last 15 months, indicating a slowdown and reversal of trend;
Oil exports in July stood at close to 1.14 million barrels per day (mbd), an increase of 4% YoY;
Of the AOA 24.7 Trillion (T) foreseen in the OGE for the year 2024, the Government of Angola executed around AOA 8.5T in the first half of the year, which makes up around 35% of the total.

Best regards,
BFA

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