Mozambique Inflation Rate Decelerates in November

In November of 2013, Mozambican inflation rate slowed for the third straight month to 4.04 percent from 4.42 percent in October.

Although education cost grew the most in the country, it kept the same rate recorded in October (9.59 percent yoy).  While in Nampula and Maputo annual inflation rate slowed in November (5.86 percent and 3.34 percent respectively from 6.24 percent and 4.21 percent respectively in October), it accelerated in Beira to 2.44 percent (up from 1.56 percent). 

On a monthly basis, prices rose 0.69 percent, up from 0.24 percent in October. Cost of food and non-alcoholic beverages rose 1.12 percent and private medical care increased 9.4 percent. 

Considering the first eleven months of the year together, prices rose 2.95 percent.

Mozambique Inflation Rate Decelerates in November

Joana Taborda |
12/11/2013 2:16:32 PM