Mozambique Inflation Rate Up to 4.52% In September

In September of 2013, Mozambican inflation rate accelerated to 4.52 percent, after slowing down in the previous three months.

Year-on-year, cost of education increased 9.59 percent and recorded the highest annual rate. Nampula recorded again the highest inflation rate (6.24 percent), followed by Maputo (4.25 percent) and Beira (1.84 percent). 

From August to September, the inflation rate increased 0.24 percent, after declining by 0.25 percent in the previous period, mainly due to a rise in food prices. Cost of cassava flour increased 10 percent and grains prices rose 10.5 percent. In contrast, cost of tomatoes and onions declined.

Month-over-month, the inflation declined by 0.15 percent in Mozambique, while it increased in Nampula (0.92 percent) and in Beira (0.03 percent).  

Considering the first nine months of 2013 together, from January to September, prices rose 2.0 percent.

Mozambique Inflation Rate Up to 4.52% In September

Joana Taborda |
10/8/2013 11:52:39 AM