Mozambique’s annual inflation rate decelerated for a third consecutive month to 6.31% in September 2026, compared to August's 6.45%, marking its lowest level since April. Slower price growth was particularly seen for food & non-alcoholic beverages (8.69% vs 8.91%); alcoholic beverages & tobacco (3.73% vs 4.33%); recreation & culture (3.65% vs 4.86%) and miscellaneous goods & services (2.43% vs 3.48%). On a monthly basis, the CPI went up by 0.16%, after a 0.28% decrease in the month before. Among the products recording the largest price increases were onions (11.4%), corn kernels (10.4%), second-hand light motor vehicles (3.9%), and hamburgers, steaks, pork sandwiches and similar products (2.5%). Smaller increases were recorded for mackerel and beer consumed outside the home (both 0.8%), and cement (0.5%). source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique decreased to 6.31 percent in September from 6.45 percent in August of 2026. Inflation Rate in Mozambique averaged 6.84 percent from 2009 until 2026, 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 October of 2026.

Inflation Rate in Mozambique decreased to 6.31 percent in September from 6.45 percent in August of 2026. Inflation Rate in Mozambique is expected to be 8.50 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 4.00 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-10 01:20 PM
Inflation Rate YoY
Aug 6.45% 7.48% 7.7%
2026-10-09 08:45 AM
Inflation Rate YoY
Sep 6.31% 6.45% 8.0%
2026-11-12 08:00 AM
Inflation Rate YoY
Oct 6.31%


Related Last Previous Unit Reference
Consumer Price Index CPI 114.59 114.41 points Sep 2026
CPI Housing Utilities 106.55 106.49 points Sep 2026
CPI Transportation 114.01 113.76 points Sep 2026
Food Inflation 8.69 8.91 percent Sep 2026
Inflation Rate YoY 6.31 6.45 percent Sep 2026
Inflation Rate MoM -0.28 -0.26 percent Aug 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
6.31 6.45 26.35 1.05 2009 - 2026 percent Monthly
2023=100

News Stream
Mozambique Inflation Rate Softens for 3rd Month
Mozambique’s annual inflation rate decelerated for a third consecutive month to 6.31% in September 2026, compared to August's 6.45%, marking its lowest level since April. Slower price growth was particularly seen for food & non-alcoholic beverages (8.69% vs 8.91%); alcoholic beverages & tobacco (3.73% vs 4.33%); recreation & culture (3.65% vs 4.86%) and miscellaneous goods & services (2.43% vs 3.48%). On a monthly basis, the CPI went up by 0.16%, after a 0.28% decrease in the month before. Among the products recording the largest price increases were onions (11.4%), corn kernels (10.4%), second-hand light motor vehicles (3.9%), and hamburgers, steaks, pork sandwiches and similar products (2.5%). Smaller increases were recorded for mackerel and beer consumed outside the home (both 0.8%), and cement (0.5%).
2026-10-09
Mozambique Inflation Rate Slows to 4-Month Low in August
The annual inflation rate in Mozambique eased for the second month to 6.45% in August 2026, marking the lowest since April. Price growth softened for some CPI items, including food & non-alcoholic beverages (8.91% vs 12.62% in July); clothing & footwear (4.18% vs 4.81%); restaurants & hotels (3.98% vs 4.22%) and miscellaneous goods & services (3.48% vs 3.57%). Transportation prices also rose at a slower pace, easing to 14.77% from 14.87%, but remained elevated overall. On a monthly basis, the CPI fell by 0.28% in August, after a 0.26% decrease in the prior month. Food (-1.1%) exerted the strongest downward pressure, mainly reflecting declines in prices of tomatoes (-16.3%), lettuce (-9.8%), and cabbage (-6.7%), onions (-2.8%) and butter beans (-1.6%).
2026-09-11
Mozambique Inflation Rate Slows Slightly in July
Mozambique’s annual inflation rate edged down to 7.48% in July 2026 from 7.51% in June. The slowdown was mainly driven by softer food inflation, which fell to 12.62% from 13.35%, alongside easing price growth for recreation, sports and culture (4.69% vs 4.76%), restaurants and hotels (4.22% vs 4.44%) and alcoholic beverages and tobacco (4.11% vs 4.68%). In contrast, transport inflation accelerated to 14.87% from 13.85%, while inflation also increased for clothing and footwear (4.81% vs 4.62%), furnishings (1.44% vs 1.19%) and communications (0.35% vs 0.18%). Housing and utilities inflation was broadly stable at 4.44%. On a monthly basis, consumer prices fell 0.26%, reversing a 0.2% increase in June.
2026-08-11