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.