Mozambique Inflation Rate Slows to 4-Month Low in August

2026-09-11 08:56 By Luisa Carvalho 1 min. read

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%).



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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
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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.
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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.
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