LUANDA, Jan 21 Reuters Angola39;s central bank left its main interest rate unchanged on Tuesday for the fourth meeting in a row, as inflation continued to ease in the oilrich Southern African country but remains above 27 in annual terms.

The Bank of Angola maintained its key rate at 19.50 after hold decisions at monetary policy meetings in July, September and November.

Prices for goods and services remain at a high level, but there is a slowdown in monthly and yearonyear inflation after peaking in JuneJuly 2024, central bank Governor Manuel Tiago Dias told reporters.

Inflation in Angola fell slightly last month to 27.50 year on year from 28.41 in November.

Dias said the Angolan economy was expected to have grown 4.4 last year, quicker than the 4 forecast given at November39;s monetary policy meeting.

The governor forecast economic growth of 3.5 for 2025.

Reporting by Miguel Gomes; Writing by Tannur Anders and Bhargav Acharya; Editing by Alexander Winning

Source Reuters