Angola’s inflation slows to 25.18 percent year/year in August

(FILES) This file photo taken on August 29, 2012 shows Angolan President Jose Eduardo dos Santos greeting the crowd during an election campaign rally in Kilamba Kaixi, on the outskirts of Luanda. Angolan President Jose Eduardo dos Santos returned from Spain more than two weeks after he left on a "private visit", the presidency said on July 20, 2017, as rumours of ill health swirl. The 74-year-old leader who has been in power since 1979 had left the country on July 3, five weeks after a month-long stay in Barcelona for medical tests. / AFP PHOTO / STEPHANE DE SAKUTIN

LUANDA (Reuters) – Angola’s inflation slowed to 25.18 percent year-on-year in August from 27.29 percent in July, data on the national statistics agency’s website showed.

Price increases on a month-on-month basis fell to 1.59 percent in August from 1.69 percent previously.

Writing by Olivia Kumwenda-Mtambo; Editing by Tiisetso Motsoeneng


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