Angola GDP Growth Rate YoY

AO GDP Growth Rate Slows to 1.80 Percent in November November Report Shows Slower GDP Growth Than Expected The GDP Growth Rate YoY measures the annual change in the total value of goods and services produced by AO’s economy. November’s report reveals a growth rate of 1.80%, down from 1.10% in the previous period but well below the 3.00% forecast. This slowdown signals a cooling in economic momentum after several months of stronger expansion. According to a leading economist at Morgan Stanley, “The softer GDP Growth Rate YoY reflects ongoing challenges in consumer spending and external demand, which are likely to keep policymakers cautious.” The Federal Reserve’s recent stance on interest rates and inflation pressures may also be influencing this trend. Overall, the data suggests AO’s economy is growing, but at a more moderate pace than anticipated, highlighting the need for close monitoring in the coming months.