Data used in "Forecasting inflation with excess liquidity and excess depreciation: the case of Angola"https://doi.org/10.34622/datarepositorium/MIZ5JEFreitas, MiguelRepositório de Dados da Universidade do Minho2022-03-292023-01-19T11:59:52ZThe data sources are described belowSocial SciencesAngolablack-market exchange ratemonetary data AngolaReal exchange rate AngolaTerms of Trade AngolaEnglishLebre de Freitas, M., 2021. Forecasting Inflation with Excess Liquidity and Excess Depreciation: the case of Angola, doi, 10.1007/s10644-022-09427-y, https://doi.org/10.1007/s10644-022-09427-yFreitas, Miguel2022-02-142007-03-302019-03-30aggregate dataThe data on the parallel-market exchange rate (E) are from the IMF until March 2016 and updated thereafter using an internet source (http://www.kimguilahoje.com) The official exchange rate (EO), Money (M2), and monetary base (MB) are obtained from the International Financial Statistics and updated with BNA data. The series on oil exports (X) is from the Angolan Ministry of Finance. The inflation rate (INF) is computed as the monthly variation of the Consumer Price Index (IPC) for the region of Luanda, published by the Angolan National Institute of Statistics. The price of non-tradable goods (P) is constructed from the components of the Consumer Price Index. The adjusted weights are as follows: “Housing and utilities” (35.84%), “Health” (9.75%), “Transport” (22.74%), “Communication” (9.55%), “Recreation and Culture” (6.42%), “Education” (7.02%), and “Restaurants and hotels” (8.69%). The following items are excluded: “Food and non-alcoholic beverages”, “Alcoholic beverages and Tobacco”, “Clothing and footwear”, “Household contents”, “Equipment and maintenance”, and “MiscellaneousCC0CC0 Waiver