The annual inflation rate in Mozambique was at 5.61 percent in August of 2021, from 5.48 percent in the previous month. Prices remained elevated for food & non-alcoholic beverages (10.72 percent vs 10.45 percent in July); alcoholic beverages & tobacco (5.66 percent vs 6.99 percent); housing & utilities (4.66 percent vs 4.63 percent); furnishings (5.09 percent vs 5.17 percent); and restaurants & hotels (5.95 percent vs 5.66 percent). On a monthly basis consumer prices ticked up 0.19 percent , after a 0.24 percent decline in July. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique averaged 7.14 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 September of 2021.

Inflation Rate in Mozambique is expected to be 5.40 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.

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Mozambique Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.61 5.48 26.35 1.05 2009 - 2021 percent Monthly
2016=100


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 12:30 PM May 5.49% 5.19% 5.2%
2021-07-09 10:40 AM Jun 5.52% 5.49% 6%
2021-08-11 09:00 AM Jul 5.48% 5.52% 5.7%
2021-09-10 08:00 AM Aug 5.61% 5.48% 5.5%
2021-10-08 03:15 PM Sep 5.61%
2021-11-09 09:45 AM Oct
2021-12-10 10:00 AM Nov


News Stream
Mozambique August Inflation Rate Up to 5.61%
The annual inflation rate in Mozambique was at 5.61 percent in August of 2021, from 5.48 percent in the previous month. Prices remained elevated for food & non-alcoholic beverages (10.72 percent vs 10.45 percent in July); alcoholic beverages & tobacco (5.66 percent vs 6.99 percent); housing & utilities (4.66 percent vs 4.63 percent); furnishings (5.09 percent vs 5.17 percent); and restaurants & hotels (5.95 percent vs 5.66 percent). On a monthly basis consumer prices ticked up 0.19 percent , after a 0.24 percent decline in July.
2021-09-13
Mozambique July Inflation Rate Steady at 5.5%
The annual inflation rate in Mozambique was at 5.48% in July of 2021, broadly unchanged from 5.52% in the prior month. Prices remained elevated for food & non-alcoholic beverages (10.45% vs 10.50% in June), amid persistent food shortages due to the pandemic crisis and ongoing fighting in the northern part of the country; alcoholic beverages & tobacco (6.99% vs 8.92%); housing & utilities (4.63% vs 3.95%); furnishings (5.17% vs 4.78%) and restaurants & hotels (5.66% vs 5.90%). On a monthly basis, consumer prices went down 0.24%, after a 0.52% decrease in the preceding month.
2021-08-11
Mozambique June Inflation Rate Up to 5.52%
The annual inflation rate in Mozambique rose to 5.52 percent in June of 2021 from 5.49 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (10.50 percent vs 10.88 percent in May), amid severe food shortages as the ongoing conflict in the northern region of the country continues to disrupt agriculture output and most typical livelihood activities. Prices also rose faster for restaurants & hotels (5.90 percent vs 5.24 percent); furnishings (4.78 percent vs 4.40 percent); clothing & footwear (4.02 percent vs 3.77 percent) and miscellaneous goods & services (3.41 percent vs 2.81 percent). On a monthly basis, consumer prices went down 0.52 percent, after a 0.31 percent drop in the previous month.
2021-07-09
Mozambique May Inflation Rate Quickens to 5.5%
The annual inflation rate in Mozambique rose to 5.49% in May of 2021 from 5.19% in April, as prices remained elevated mostly for food & non-alcoholic beverages (10.88% vs 11.23% in April) as severe food shortages persist. Additional upward pressure came from costs of restaurants & hotels (5.24% vs 4.42%); housing (5.22% vs 5.83%); education (3.69% vs -8.69%); clothing & footwear (3.77% vs 3.42%) and miscellaneous goods & services (2.81% vs 0.27%). On a monthly basis, consumer prices were down 0.31%, after being almost flat in the previous month.
2021-06-11

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.