Portugal: Energia (e Recursos Minerais) – I

Consumos de energia e electricidade per capita em Portugal
Consumo per capita de energia (tep/hab) e de eletricidade (Mwh/hab) em Portugal – dados DGEG (recolhidos no Observatório da Energia). Per capita energy (tet/hab) and electricity consumption in Portugal – DGEG data published in Observatório da Energia) 

Major increase in import and consumption taxes in Angola

Angola steeply increases consumption and import taxes.

With a widening fiscal deficit generated by crashing oil prices, the country’s main export by far, the Angolan Government introduced large hikes in the values of the Consumption Tax Regulation and the General Customs Tariff. This decision will have a negative effect on price levels, already under pressure due to the falling kwanza (37% last year – official rate).

Yes, if want to enjoy a drink (or the increasingly politically incorrect smoke) in the tropical nights of Luanda you will have to expend a muck larger amount of the local currency. That will also apply, although with smaller hikes, to gasoline (5%), diesel (2%), lubricant oils (2%) and propane gas (2%).

Life is not getting easier.

Imports Consumption Tax new values (examples):

Juice and water: 40% (10% before)
Beers: 60% (20% before)
Alcoholic beverages: 70% (30%before)
Tobacco: 80% (30% before)

You may read the complete law text here (in Portuguese).