Inflation Rate in Mozambique decreased to 3.23 percent in December from 4.38 percent in November of 2025. Inflation Rate in Mozambique averaged 6.90 percent from 2009 until 2025, 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. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique is expected to be 4.00 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 3.20 percent in 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-10 08:50 AM
Inflation Rate YoY
Nov 4.38% 4.83% 4.7%
2026-01-09 12:00 PM
Inflation Rate YoY
Dec 3.23% 4.38% 4.6%
2026-02-10 08:00 AM
Inflation Rate YoY
Jan 3.23% 3.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 109.14 108.60 points Dec 2025
CPI Housing Utilities 102.63 102.55 points Dec 2025
CPI Transportation 99.54 99.57 points Dec 2025
Food Inflation 9.52 11.52 percent Nov 2025
Inflation Rate YoY 3.23 4.38 percent Dec 2025
Inflation Rate MoM 0.29 0.47 percent Nov 2025


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
3.23 4.38 26.35 1.05 2009 - 2025 percent Monthly
2023=100

News Stream
Mozambique Inflation Rate Softens to 4-Month Low
The annual inflation rate in Mozambique eased for the second month to 4.38% in November 2025, the softest in four months, down from 4.83% in October. Prices slowed down mostly for food & non-alcoholic beverages (9.52% vs 11.52% in October); health (2.59% vs 4.89%); furnishings & household equipment (3.62% vs 3.94%); and recreation & culture (4.34% vs 4.72%). Moreover, prices continued to decrease for transportation (-1.59% vs -1.70%). On a monthly basis, the CPI rose by 0.29% in November, slowing from a 0.47% increase in the prior month.
2025-12-10
Mozambique Inflation Rate Slows Slightly in October
The annual inflation rate in Mozambique was at 4.83% in October 2025, easing slightly from a near two-year high of 4.93% in the prior month. Prices slowed a bit for some categories, primarily food & non-alcoholic beverages (10.41% vs 10.85% in September) and restaurants & hotels (7.29% vs 9.01%), reflecting the impact of the VAT exemption on basic products such as sugar and cooking oil. On a monthly basis, consumer prices inched up by 0.47%, after a 0.29% increase in the prior month. The food and non-alcoholic beverages division contributed the most to the rise, with tomato (+12%), dried fish (+3%), dried shrimp (+16.8%), horse mackerel (+1%), firewood (+7.6%), and lemon (+48.1%) leading the increases.
2025-11-13
Mozambique Inflation Rate Accelerates to Near 2-Year High
The annual inflation rate in Mozambique quickened to 4.79% in August 2025, the steepest since November 2023, from 3.96% in the prior month. The main upward pressure came from prices of food & non-alcoholic beverages (11.91% vs 8.99% in July); restaurants, hotels & cafes (9.01% vs 8.91%); health (5.54% vs 5.14%); furnishings & household equipment (4.19% vs 4.01%) and clothing & footwear (2.53% vs 2.25%). On a monthly basis, the CPI rose by 0.68% in August, marking the strongest increase since January, after a 0.22% fall in the prior month.
2025-09-11