Angola’s annual inflation rate has decelerated to 12.4% as of March 2026, a significant drop from the 28.2% recorded in 2024, according to International Monetary Fund data.
The trajectory suggests the country is approaching single-digit inflation for the first time in decades, marking a pivotal shift in the macroeconomic landscape for the oil-dependent economy.
75% last Friday, executing the most aggressive easing move since 2023.
This disinflation trend underpins the recent monetary policy pivot by the National Bank of Angola.
The central bank slashed its benchmark interest rate by 125 basis points to 15.75% last Friday, executing the most aggressive easing move since 2023. The rate cut reflects growing confidence that price pressures are receding sufficiently to allow for stimulus without reigniting inflationary spirals.
The IMF’s assessment highlights the structural progress Angola has made in stabilizing its currency and managing fiscal deficits.
As inflation continues to moderate, the central bank is likely to maintain a cautious but accommodative stance, balancing the need to support economic growth with the imperative to keep inflation expectations anchored.