The annual inflation rate in Mozambique accelerated for the third straight month to 6.42% in October of 2021, from 6.04% in the previous month. That was the highest rate since November of 2017, mainly pushed up by prices of food & non-alcoholic beverages (12.23% vs 11.76%) and restaurants & hotels (6.27% vs 6.84%). On a monthly basis, consumer prices inched up by 0.89%, the fastest increase in eight months. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique averaged 7.13 percent from 2009 until 2021, 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 November of 2021.

Inflation Rate in Mozambique is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique Inflation Rate is projected to trend around 4.50 percent in 2022 and 3.80 percent in 2023, according to our econometric models.

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Mozambique Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 12:00 PM Sep 6.04% 5.61% 5.8%
2021-11-09 01:00 PM Oct 6.42% 6.04% 6.2%
2021-12-10 10:00 AM Nov 6.42% 6.6%


Related Last Previous Unit Reference
Inflation Rate 6.42 6.04 percent Oct/21
Inflation Rate Mom 0.89 0.73 percent Oct/21
Consumer Price Index CPI 135.05 133.86 points Oct/21
Food Inflation 12.23 11.76 percent Oct/21
CPI Transportation 133.65 131.91 points Oct/21
CPI Housing Utilities 131.97 130.71 points Oct/21
Producer Prices Change -5.30 -1.40 percent Dec/20
Producer Prices 232.90 238.90 points Dec/20

News Stream
Mozambique Inflation Rate at Near 4-Year High
The annual inflation rate in Mozambique accelerated for the third straight month to 6.42% in October of 2021, from 6.04% in the previous month. That was the highest rate since November of 2017, mainly pushed up by prices of food & non-alcoholic beverages (12.23% vs 11.76%) and restaurants & hotels (6.27% vs 6.84%). On a monthly basis, consumer prices inched up by 0.89%, the fastest increase in eight months.
2021-11-11
Mozambique Inflation Rate Highest since 2017
The annual inflation rate in Mozambique rose to 6.04 percent in September of 2021, from 5.61 percent in the previous month. It was the quickest increase in consumer prices since November of 2017, mainly boosted by prices of food & non-alcoholic products (11.76 percent vs 10.72 percent in August), restaurants & hotels (6.84 percent vs 5.95 percent) and alcoholic beverages & tobacco (6.03 percent vs 5.66 percent). On a monthly basis, consumer prices were up 0.73 percent, the biggest increase in six months.
2021-10-11
Mozambique August Inflation Rate Up to 5.61%
The annual inflation rate in Mozambique was at 5.61 percent in August of 2021, from 5.48 percent in the previous month. Prices remained elevated for food & non-alcoholic beverages (10.72 percent vs 10.45 percent in July); alcoholic beverages & tobacco (5.66 percent vs 6.99 percent); housing & utilities (4.66 percent vs 4.63 percent); furnishings (5.09 percent vs 5.17 percent); and restaurants & hotels (5.95 percent vs 5.66 percent). On a monthly basis consumer prices ticked up 0.19 percent , after a 0.24 percent decline in July.
2021-09-13

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.