The annual inflation rate in Mozambique climbed for the second month to 9.31% in May of 2022, from 7.90% in the previous month. It was the highest reading since September of 2017, amid soaring prices of transport (13.65% vs 12.43% in April); food & non-alcoholic beverages (13.51% vs 10.25%) and restaurants & hotels (8.32% vs 8.66%). Additional upward pressure came from costs of housing & utilities (5.97% vs 5.02%); health (6.41% vs 6.03%); furnishings (4.59% vs 3.78%) and recreation & culture (3.05% vs 1.99%). On a monthly basis, consumer prices inched up by 1%, after a 1.13% increase in the previous month. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique averaged 7.14 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 June 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 8.00 percent in 2023 and 6.80 percent in 2024, according to our econometric models.

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Mozambique Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-10 10:30 AM Apr 7.9% 6.67% 6.6%
2022-06-13 02:30 PM May 9.3% 7.9% 8.4%
2022-07-08 11:00 AM Jun 9.3% 10%


Related Last Previous Unit Reference
Inflation Rate 9.30 7.90 percent May 2022
Inflation Rate Mom 1.00 1.13 percent May 2022
Consumer Price Index CPI 146.11 144.66 points May 2022
Food Inflation 13.51 10.25 percent May 2022
CPI Transportation 150.11 148.83 points May 2022
CPI Housing Utilities 138.52 137.74 points May 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
9.30 7.90 26.35 1.05 2009 - 2022 percent Monthly
2016=100

News Stream
Mozambique May Inflation Rate Quickens to 9.31%
The annual inflation rate in Mozambique climbed for the second month to 9.31% in May of 2022, from 7.90% in the previous month. It was the highest reading since September of 2017, amid soaring prices of transport (13.65% vs 12.43% in April); food & non-alcoholic beverages (13.51% vs 10.25%) and restaurants & hotels (8.32% vs 8.66%). Additional upward pressure came from costs of housing & utilities (5.97% vs 5.02%); health (6.41% vs 6.03%); furnishings (4.59% vs 3.78%) and recreation & culture (3.05% vs 1.99%). On a monthly basis, consumer prices inched up by 1%, after a 1.13% increase in the previous month.
2022-06-13
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