The annual inflation rate in Mozambique rose to 3.32 percent in April of 2020 from 3.09 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (7.34 percent vs 7.29 percent in March); transport (1.15 percent vs 0.20 percent); restaurants, cafes & hotels (4.09 percent vs 3.99 percent); clothing & footwear (3.60 percent vs 2.91 percent); health (4.15 percent vs 3.75 percent) and alcoholic beverages & tobacco (4.48 percent vs 4.35 percent). Meanwhile, costs decreased for recreation & culture (-1.73 percent vs -1.56 percent) and housing & utilities (-2.75 percent vs -2.02 percent). On a monthly basis, consumer prices inched up 0.52 percent, after increasing 0.22 percent in the previous month.

Inflation Rate in Mozambique averaged 7.49 percent from 2009 until 2020, reaching an all time high of 26.35 percent in November of 2016 and a record low of 1.05 percent in November of 2009. This page provides - Mozambique Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.

Inflation Rate in Mozambique is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mozambique to stand at 3.60 in 12 months time. In the long-term, the Mozambique Inflation Rate is projected to trend around 4.50 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

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Mozambique Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.32 3.09 26.35 1.05 2009 - 2020 percent Monthly
2016=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-10 11:00 AM Jan 3.48% 3.50% 3.8%
2020-03-10 01:00 PM Feb 3.55% 3.48% 3.8%
2020-04-10 10:30 AM Mar 3.09% 3.55% 3.4%
2020-05-11 10:30 AM Apr 3.32% 3.09% 3.7%
2020-06-10 10:30 AM May 3.32% 3.3%
2020-07-08 10:00 AM Jun 3.4%
2020-08-10 10:00 AM Jul
2020-09-11 09:10 AM Aug


News Stream
Mozambique Inflation Rate Edges Up to 3.32% in April
The annual inflation rate in Mozambique rose to 3.32 percent in April of 2020 from 3.09 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (7.34 percent vs 7.29 percent in March); transport (1.15 percent vs 0.20 percent); restaurants, cafes & hotels (4.09 percent vs 3.99 percent); clothing & footwear (3.60 percent vs 2.91 percent); health (4.15 percent vs 3.75 percent) and alcoholic beverages & tobacco (4.48 percent vs 4.35 percent). Meanwhile, costs decreased for recreation & culture (-1.73 percent vs -1.56 percent) and housing & utilities (-2.75 percent vs -2.02 percent). On a monthly basis, consumer prices inched up 0.52 percent, after increasing 0.22 percent in the previous month.
2020-05-11
Mozambique March Inflation Rate at 4-Month Low of 3.09%
The annual inflation rate in Mozambique dropped to 3.09% in March of 2020 from 3.55% in the prior month. It was the lowest inflation rate since last November, as prices slowed mostly for food & non-alcoholic beverages (7.29% vs 7.88% in February); alcoholic beverages & tobacco (4.35% vs 4.58%); furnishings (0.40% vs 0.96%) and clothing & footwear (2.91% vs 3.40%). In addition, lower costs were observed for housing & utilities (-2.02% vs 1.10%) and recreation & culture (-1.56% vs 2.61%). On a monthly basis, consumer prices went up 0.22%, down from a 0.36% increase in the prior month.
2020-04-20
Mozambique February Inflation Rate at 1-Year High of 3.55%
The annual inflation rate in Mozambique rose to 3.55% in February of 2020 from 3.48% in the prior month. This was the highest rate since February last year, driven by prices of food & non-alcoholic beverages (7.88% vs 7.65% in January), as a result of food shortages caused by the impact of recent floods, locust attacks and growing military presence of Islamist groups in the north of the country. Additional upward pressure came from hotels, cafes and restaurants (3.94% vs 3.69%); transport (0.08% vs -0.09%) and housing & utilities (1.10% vs 0.99%). On a monthly basis, consumer prices went up 0.36%, down from a 0.63% increase in the preceding month.
2020-03-10
Mozambique January Inflation Rate Ticks Down to 3.48%
The annual inflation rate in Mozambique fell marginally to 3.48% in January of 2020 from 3.50% in the prior month. Prices slowed mostly for food & non-alcoholic beverages (7.65% vs 7.99% in December); housing & utilities (0.99% vs 1.32%); miscellaneous goods & services (2.04% vs 2.77%); restaurants & hotels (3.69% vs 3.92%) and education (3.07% vs 4.38%). Also, cost dropped for transport (-0.09% vs -0.12%); communications (-0.02% vs -0.66%) and recreation & culture (-1.56% vs -1.74%). On a monthly basis, consumer prices increased 0.63%, after rising 1.28% in the previous month.
2020-02-10

Mozambique Inflation Rate
In Mozambique, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (30.3 percent of total weight); Transport (18.7 percent) and Restaurants and Hotels (12.9 percent). Others include: Housing and Utilities (7.8 percent); Clothing and Footwear (7.7 percent); Household Contents, Equipment and Maintenance (6.9 percent) and Communication (5.9 percent). Education, Miscellaneous Goods and Services, Recreation and Culture, Alcoholic Beverages and Tobacco and Health account for the remaining 9.9 percent of total weight.