Mozambique Inflation Rate Quickens to 6-Month High

The annual inflation rate in Mozambique accelerated for the third consecutive month, reaching a six-month high of 4.41% in April 2026. The increase was attributed to severe flooding in recent months and fuel supply constraints in several parts of the country, which caused shortages and disrupted the distribution of essential goods. Price pressures were most pronounced in food & non-alcoholic beverages (10.24% vs 6.20% in March); clothing & footwear (5.23% vs 4.68%); restaurants & hotels (4.58% vs 5.30%) and recreation & culture (3.96% vs 3.48%). On a monthly basis, the CPI rose by 0.63%, after a 0.22% increase in the month before.

The annual inflation rate in Mozambique rose for the second month to 3.37% in March 2026 from 3.20% in the prior month. This marked the highest reading since last November, amid lingering effects of flooding that disrupted supply chains. Prices increased faster primarily for food & non-alcoholic beverages (6.20% vs 5.83% in February); alcoholic beverages & tobacco (3.08% vs 2.97%) and restaurants & hotels (5.30% vs 4.95%). At the same time, prices remained elevated for clothing & footwear (4.68% vs 4.80%). By contrast, transportation costs continued to fall, though at a slower pace (-0.87% vs -1.52%). On a monthly basis, the CPI rose by 0.22%, after a 0.68% increase in the previous month.

The annual inflation rate in Mozambique inched up to 3.20% in February 2026 from an over one-year low of 3.04% in the prior month, partly reflecting the impact of disruptions caused by severe cyclones hitting the country since January. Upward pressure came primarily from prices of food & non-alcoholic beverages (5.83% vs 5.72%); clothing & footwear (4.80% vs 3.81%); miscellaneous goods & services (4.27% vs 4.01%); housing & utilities (2.71% vs 1.68%) and furnishings & household equipment (1.77% vs 1.32%). On the other hand, prices continued to fall for transportation (-1.52% vs -1.72%). On a monthly basis, the CPI rose by 0.68%, after a 1.26% increase in the previous month.