The annual inflation rate in Mozambique fell to 3.41 percent in March 2019 from 3.72 percent in the prior month. It is the lowest inflation rate since May last year, as prices slowed mainly for transport (6.42 percent vs 10.74 percent in February) and restaurants & hotels (5.66 percent vs 5.79 percent). In contrast, cost advanced faster for health (6.39 percent vs 3.98 percent) amid growing medical needs of people affected by Ciclone Idai; food & non-alcoholic beverages (1.91 percent vs 0.95 percent); housing & utilities (3.22 percent vs 1.72 percent) and furnishings (1.15 percent vs 0.89 percent). On a monthly basis, consumer prices went up 0.67 percent, after a 0.30 percent gain in February. Main positive contributions came from prices of tomato (10.6 percent); onion (6.5 percent); butter beans (4.4 percent); cabbage (4.6 percent); electricity (21.7 percent); coal (6.3 percent) and medical consultations (5.1 percent). Inflation Rate in Mozambique averaged 8 percent from 2009 until 2019, 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.

Inflation Rate in Mozambique is expected to be 4.00 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 3.20 in 12 months time. In the long-term, the Mozambique Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Mozambique Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-11 09:45 AM Inflation Rate YoY 3.52% 4.27% 4%
2019-02-11 01:15 PM Inflation Rate YoY 3.78% 3.52% 3.3%
2019-03-12 07:10 AM Inflation Rate YoY 3.72% 3.78% 3.1%
2019-04-10 04:30 PM Inflation Rate YoY 3.41% 3.72% 3.6%
2019-05-10 01:15 PM Inflation Rate YoY 3.41% 3.5%
2019-06-10 07:00 AM Inflation Rate YoY 3.4%
2019-07-10 04:55 PM Inflation Rate YoY 4.0%


Mozambique Prices Last Previous Highest Lowest Unit
Inflation Rate 3.41 3.72 26.35 1.05 percent [+]
Inflation Rate Mom 0.67 0.30 7.51 -3.43 percent [+]
Consumer Price Index CPI 123.00 122.18 123.00 18.30 Index Points [+]
Producer Prices 248.50 240.50 248.50 90.80 Index Points [+]
Producer Prices Change 11.80 11.20 59.80 -9.60 percent [+]
Food Inflation 1.00 1.10 40.33 -2.00 percent [+]
Cpi Housing Utilities 126.45 122.72 126.45 97.35 Index Points [+]
CPI Transportation 129.67 129.72 130.08 95.28 Index Points [+]


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. This page provides - Mozambique Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Inflation Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.41 3.72 26.35 1.05 2009 - 2019 percent Monthly
2016=100




Country Last Previous
Argentina 54.70 Mar/19
Australia 1.80 Dec/18
Brazil 4.58 Mar/19
Canada 1.90 Mar/19
China 2.30 Mar/19
Euro Area 1.40 Mar/19
France 1.10 Mar/19
Germany 1.30 Mar/19
India 2.86 Mar/19
Indonesia 2.48 Mar/19
Italy 1.00 Mar/19
Japan 0.50 Mar/19
Mexico 4.00 Mar/19
Netherlands 2.80 Mar/19
Russia 5.30 Mar/19
Saudi Arabia -2.20 Feb/19
Singapore 0.50 Feb/19
South Africa 4.50 Mar/19
South Korea 0.40 Mar/19
Spain 1.30 Mar/19
Switzerland 0.70 Mar/19
Turkey 19.71 Mar/19
United Kingdom 1.90 Mar/19
United States 1.90 Mar/19


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