Mozambique Inflation Rate Slows to 11-Month Low


In February of 2014, Mozambique annual inflation rate decelerated for the fifth straight month to 2.38 percent, down from 3.16 percent in January. On a monthly basis, prices slowed sharply to 0.39 percent, after rising 0.98 percent in the previous month.

Year-on-year, food prices accounted the most to the inflation rate but education cost, prices of alcoholic beverages, tobacco and housing, water, electricity and gas rose the most (5.68 percent, 5.62 percent and 5.18 percent, respectively).

Compared with January, only food prices increased in February (+ 0.37 percent). Cost of alcoholic beverages and tobacco fell slightly by 0.01 percent while all other prices were unchanged. Maputo recorded the highest monthly rate (0.66 percent).

Mozambique Inflation Rate Slows to 11-Month Low


Joana Taborda | joana.taborda@tradingeconomics.com
3/7/2014 6:55:00 PM