Angola: Producer Price Index in Angola Rises 18.44 Percent in July

Luanda — Angola’s Producer Price Index (PPI) recorded a negative monthly variation of 3.44 per cent in July this year, representing an increase of 18.44 per cent compared with the previous month.

The PPI is an economic indicator that measures the average change over time in the prices of a basket of goods and services.

According to the National Statistics Institute (INE), the year-on-year variation of the PPI stood at 8.11 per cent, equivalent to a decline of 46.83 per cent compared with the…