- Angola’s producer prices jumped 28.70% in September, driven by soaring extractive-industry prices.
- Fuel subsidies could reach $4.16bn, straining public finances despite easing consumer inflation.
LUANDA, ANGOLA — Angola’s producer prices surged 28.70% in September as rising petroleum prices exposed the mounting fiscal burden of keeping domestic fuel affordable.
The increase, reported by the National Institute of Statistics (INE) on October 23, was driven primarily by the extractive industry, where prices rose 32.72% during the month.
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