The annual inflation rate in Mozambique quickened to 7.90% in April of 2022, from 6.67% in the previous month. It was the highest reading since October of 2017, mainly on account of prices of transportation (12.43% vs 10.04% in March); food & non-alcoholic beverages (10.25% vs 7.80%); hotels, cafes & restaurants (8.66% vs 8.45%); housing & utilities (5.02% vs 4.67%) and health (6.03% vs 6.14%). On a monthly basis, consumer prices inched up by 1.13%, after increasing 0.70% in the prior month. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique averaged 7.13 percent from 2009 until 2022, 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 May of 2022.

Inflation Rate in Mozambique is expected to be 10.00 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 7.00 percent in 2023 and 6.00 percent in 2024, according to our econometric models.

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Mozambique Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-08 02:10 PM Mar 6.67% 6.84% 7.2%
2022-05-10 10:30 AM Apr 7.9% 6.67% 6.6%
2022-06-09 11:00 AM May 7.9% 8.2%


Related Last Previous Unit Reference
Inflation Rate 7.90 6.67 percent Apr 2022
Inflation Rate Mom 1.13 0.70 percent Apr 2022
Consumer Price Index CPI 144.66 143.05 points Apr 2022
Food Inflation 10.25 7.80 percent Apr 2022
CPI Transportation 148.83 144.90 points Apr 2022
CPI Housing Utilities 137.74 137.54 points Apr 2022
Producer Prices Change -5.30 -1.40 percent Dec 2020
Producer Prices 232.90 238.90 points Dec 2020

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
7.90 6.67 26.35 1.05 2009 - 2022 percent Monthly
2016=100

News Stream
Mozambique Inflation Rate Hits Highest since 2017
The annual inflation rate in Mozambique quickened to 7.90% in April of 2022, from 6.67% in the previous month. It was the highest reading since October of 2017, mainly on account of prices of transportation (12.43% vs 10.04% in March); food & non-alcoholic beverages (10.25% vs 7.80%); hotels, cafes & restaurants (8.66% vs 8.45%); housing & utilities (5.02% vs 4.67%) and health (6.03% vs 6.14%). On a monthly basis, consumer prices inched up by 1.13%, after increasing 0.70% in the prior month.
2022-05-10
Mozambique March Inflation Rate Hits 5-Month Low
The annual inflation rate in Mozambique eased for the second month to 6.67% in March of 2022 from 6.84% in the previous month. It was the lowest reading since last October, mainly due to a deceleration in prices of food & non-alcoholic beverages (7.80% vs 8.96% in February); restaurants & hotels (8.45% vs 8.84%); housing & utilities (4.67% vs 4.76%); education (3.67% vs 7.41%). By contrast, inflation continued to climb for transportation (10.04% vs 8.11%). On a monthly basis, consumer prices were up 0.70%, following a 0.44% increase in the prior month.
2022-04-08
Mozambique Inflation Rate Slows to 6.84%
The annual inflation rate in Mozambique declined to 6.84 percent in February of 2022 from 7.8 percent in the previous month, due to a slowdown in prices of both food & non-alcoholic beverages (8.96 percent vs 10.9 percent in January) and restaurants & hotels (8.84 percent vs 9.1 percent). On a monthly basis, consumer prices rose 0.44 percent, easing from a 2.2 percent gain in the prior month.
2022-03-10