The annual inflation rate in Mozambique fell to 2.69 percent in June of 2020 from 3.02 percent in the prior month. That was the softest inflation rate since last November, amid a slowdown in prices of food & non-alcoholic beverages (6.59 percent vs 7.23 percent in May); transport (1.18 percent vs 1.89 percent) and restaurants & hotels (3.45 percent vs 3.65 percent). At the same time, costs continued to fall for education (-10.22 percent, the same pace as in May); housing & utilities (-0.54 percent vs -1.14 percent); recreation & culture (-1.06 percent vs -1.01 percent) and miscellaneous goods & services (-0.82 percent vs -0.62 percent). On a monthly basis, consumer prices were down 0.55 percent, after falling 0.60 percent in the prior month.

Inflation Rate in Mozambique averaged 7.43 percent from 2009 until 2020, 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 July of 2020.

Inflation Rate in Mozambique is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mozambique to stand at 3.80 in 12 months time. In the long-term, the Mozambique Inflation Rate is projected to trend around 4.50 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Mozambique Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.69 3.02 26.35 1.05 2009 - 2020 percent Monthly
2016=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-10 10:30 AM Mar 3.09% 3.55% 3.4%
2020-05-11 10:30 AM Apr 3.32% 3.09% 3.7%
2020-06-10 10:30 AM May 3.02% 3.32% 3.3%
2020-07-10 11:30 AM Jun 2.69% 3.02% 3.2%
2020-08-10 10:00 AM Jul 2.69% 2.5%
2020-09-11 09:10 AM Aug
2020-10-09 12:30 PM Sep 4.5%
2020-11-11 10:30 AM Oct


News Stream
Mozambique June Inflation Rate at 7-Month Low of 2.7%
The annual inflation rate in Mozambique fell to 2.69 percent in June of 2020 from 3.02 percent in the prior month. That was the softest inflation rate since last November, amid a slowdown in prices of food & non-alcoholic beverages (6.59 percent vs 7.23 percent in May); transport (1.18 percent vs 1.89 percent) and restaurants & hotels (3.45 percent vs 3.65 percent). At the same time, costs continued to fall for education (-10.22 percent, the same pace as in May); housing & utilities (-0.54 percent vs -1.14 percent); recreation & culture (-1.06 percent vs -1.01 percent) and miscellaneous goods & services (-0.82 percent vs -0.62 percent). On a monthly basis, consumer prices were down 0.55 percent, after falling 0.60 percent in the prior month.
2020-07-10
Mozambique Inflation Rate at 6-Month Low of 3%
The annual inflation rate in Mozambique dropped to 3.02 percent in May of 2020 from 3.32 percent in the previous month. It was the lowest inflation rate since last November, amid slowing prices of food & non-alcoholic beverages (7.23 percent vs 7.34 percent in April); restaurants & hotels (3.65 percent vs 4.09 percent); health (3.59 percent vs 4.15 percent) and clothing & footwear (2.79 percent vs 3.60 percent). In addition, costs fell for education (-10.22 percent vs 2.18 percent); housing & utilities (-1.14 percent vs -2.75 percent) and recreation & culture (-1.01 percent vs -1.73 percent). In contrast, inflation edged higher for transport (1.89 percent vs 1.15 percent) and alcoholic beverages & tobacco (5.13 percent vs 4.48 percent). On a monthly basis, consumer prices decreased 0.60 percent, after rising 0.52 percent in April, namely food & non-alcoholic beverages (-0.71 percent) and education (-12.14 percent), affected by coronavirus-related school closures.
2020-06-11
Mozambique Inflation Rate Edges Up to 3.32% in April
The annual inflation rate in Mozambique rose to 3.32 percent in April of 2020 from 3.09 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (7.34 percent vs 7.29 percent in March); transport (1.15 percent vs 0.20 percent); restaurants, cafes & hotels (4.09 percent vs 3.99 percent); clothing & footwear (3.60 percent vs 2.91 percent); health (4.15 percent vs 3.75 percent) and alcoholic beverages & tobacco (4.48 percent vs 4.35 percent). Meanwhile, costs decreased for recreation & culture (-1.73 percent vs -1.56 percent) and housing & utilities (-2.75 percent vs -2.02 percent). On a monthly basis, consumer prices inched up 0.52 percent, after increasing 0.22 percent in the previous month.
2020-05-11
Mozambique March Inflation Rate at 4-Month Low of 3.09%
The annual inflation rate in Mozambique dropped to 3.09% in March of 2020 from 3.55% in the prior month. It was the lowest inflation rate since last November, as prices slowed mostly for food & non-alcoholic beverages (7.29% vs 7.88% in February); alcoholic beverages & tobacco (4.35% vs 4.58%); furnishings (0.40% vs 0.96%) and clothing & footwear (2.91% vs 3.40%). In addition, lower costs were observed for housing & utilities (-2.02% vs 1.10%) and recreation & culture (-1.56% vs 2.61%). On a monthly basis, consumer prices went up 0.22%, down from a 0.36% increase in the prior month.
2020-04-20

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.