Cost of food in Mozambique increased 8 percent in December of 2019 over the same month in the previous year. Food Inflation in Mozambique averaged 10.35 percent from 2008 until 2019, reaching an all time high of 40.33 percent in September of 2016 and a record low of -2 percent in April of 2018.
Food Inflation in Mozambique is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Mozambique to stand at 3.40 in 12 months time. In the long-term, the Mozambique Food Inflation is projected to trend around 3.00 percent in 2020, according to our econometric models.