The annual inflation rate in Mozambique accelerated for the fifth straight month to 12.10% in August of 2022, from 11.77% in the previous month. It was the highest reading since August of 2017, amid generalized increases in prices of goods and services, led by transport (21.34% vs 19.10% in July) and food & non-alcoholic beverages (17.27% vs 17.24%). Additional strong pressure came from prices of restaurants & hotels (8.55% vs 9.01%) and housing & utilities (8.57% vs 8.51%). On a monthly basis, consumer prices were up 0.49%, following a 0.62% rise in the previous month. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique averaged 7.22 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 October of 2022.

Inflation Rate in Mozambique is expected to be 12.60 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
2022-08-10 06:30 PM Jul 11.77% 10.81% 11.7%
2022-09-09 08:00 AM Aug 12.1% 11.77% 13.2%
2022-10-07 11:00 AM Sep 12.1% 12.6%


Related Last Previous Unit Reference
Inflation Rate 12.10 11.77 percent Aug 2022
Inflation Rate MoM 0.49 0.60 percent Aug 2022
Consumer Price Index CPI 148.97 148.25 points Aug 2022
Food Inflation 17.30 17.24 percent Aug 2022
CPI Transportation 160.05 157.03 points Aug 2022
CPI Housing Utilities 141.61 141.39 points Aug 2022
Producer Prices Change 17.20 11.30 percent Dec 2021
Producer Prices 138.60 143.60 points Dec 2021

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
12.10 11.77 26.35 1.05 2009 - 2022 percent Monthly
2016=100

News Stream
Mozambique Inflation Rate Quickens Further in August
The annual inflation rate in Mozambique accelerated for the fifth straight month to 12.10% in August of 2022, from 11.77% in the previous month. It was the highest reading since August of 2017, amid generalized increases in prices of goods and services, led by transport (21.34% vs 19.10% in July) and food & non-alcoholic beverages (17.27% vs 17.24%). Additional strong pressure came from prices of restaurants & hotels (8.55% vs 9.01%) and housing & utilities (8.57% vs 8.51%). On a monthly basis, consumer prices were up 0.49%, following a 0.62% rise in the previous month.
2022-09-09
Mozambique Inflation Rate Picks Up to 5-Year High
The annual inflation rate in Mozambique accelerated to 11.77 percent in July of 2022, from 10.81 percent in the previous month. It was the highest inflation rate since August of 2017, with main upward pressure coming from transportation (19.10 percent) and food & non-alcoholic beverages (17.24 percent). On a monthly basis, consumer prices were up 0.62 percent, following a 0.83 percent rise in the previous month.
2022-08-10
Double-Digit Inflation Hits Mozambique
The annual inflation rate in Mozambique climbed for the third month to 10.81% in June of 2022, from 9.31% in the previous month. It was the first month of double-digit inflation since August of 2017, amid generalized increases in prices of goods and services. Main upward pressure came from transportation (16.37% vs 13.65% in May); food & non-alcoholic beverages (15.90% vs 13.51%); hotels, cafes and restaurants (8.70% vs 8.32%) and housing & utilities (8.18% vs 5.97%). On a monthly basis, consumer prices were up 0.83%, following a 1% rise in the previous month.
2022-07-08