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%). source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique decreased to 6.45 percent in August from 7.48 percent in July 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 September of 2026.

Inflation Rate in Mozambique decreased to 6.45 percent in August from 7.48 percent in July of 2026. Inflation Rate in Mozambique is expected to be 8.00 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 4.00 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-11 08:30 AM
Inflation Rate YoY
Jul 7.48% 7.51% 7.8%
2026-09-10 01:20 PM
Inflation Rate YoY
Aug 6.45% 7.48% 7.7%
2026-10-09 08:00 AM
Inflation Rate YoY
Sep 6.45% 8.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 114.41 114.73 points Aug 2026
CPI Housing Utilities 106.49 105.81 points Aug 2026
CPI Transportation 113.76 113.77 points Aug 2026
Food Inflation 8.91 12.62 percent Aug 2026
Inflation Rate YoY 6.45 7.48 percent Aug 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
6.45 7.48 26.35 1.05 2009 - 2026 percent Monthly
2023=100

News Stream
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
Mozambique Inflation Rate Accelerates for 5th Month
The annual inflation rate in Mozambique quickened to 7.51% in June 2026 from 7.22% in May, marking its highest reading since May 2023 and the fifth consecutive month of acceleration. The main upward pressure continued to come from prices of transportation (13.85% vs 12.61% in May) and food & non-alcoholic beverages (13.35% vs 12.93%), alongside alcoholic beverages & tobacco (4.68% vs 4.55%) and housing & utilities (4.68% vs 4.55%). On a monthly basis, the CPI rose by 0.20%, slowing sharply from a 2.32% surge in the preceding month.
2026-07-10