Mozambique Inflation Rate

The inflation rate in Mozambique was recorded at 3 percent in March of 2014. Inflation Rate in Mozambique is reported by the Instituto Nacional De Estatistica, Mozambique. Inflation Rate in Mozambique averaged 6.94 Percent from 2009 until 2014, reaching an all time high of 17.44 Percent in December of 2010 and a record low of 1.05 Percent in November of 2009. In Mozambique, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Mozambique Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.00 2.38 17.44 1.05 5.37 | 2014/04 2009 - 2014 Percent Monthly
2010=100

TO

Mozambique Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-09 01:30 PM Mozambique
Inflation Rate YoY
Nov 2013 4.04% 4.42% 4.86%
2014-02-10 10:00 AM Mozambique
Inflation Rate YoY
Jan 2014 3.16% 3.5% 5.5%
2014-03-07 08:00 AM Mozambique
Inflation Rate YoY
Feb 2014 2.38% 3.16% 3%
2014-04-04 12:00 PM Mozambique
Inflation Rate YoY
Mar 2014 3% 2.38% 5.29%
2014-05-07 07:00 AM Mozambique
Inflation Rate YoY
Apr 2014 3% 5.37%
2014-06-06 07:00 AM Mozambique
Inflation Rate YoY
May 2014 5.96%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 114.68 2014-03-15 113.65 114.68 9.61 115.27 2014-04-30 Index Points [+]
Inflation Rate Mom 0.91 2014-03-15 0.39 7.51 -3.43 -1.25 2014-04-30 Percent [+]
Inflation Rate 3.00 2014-03-31 2.38 17.44 1.05 5.37 2014-04-30 Percent [+]
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Mozambican Inflation Rate Up To 3.0% in March

The annual consumer prices in Mozambique accelerated for the first time in five months to 3.0 percent in March of 2014, from 2.38 percent recorded in February of 2014, as food and no alcoholic beverages costs edged up.

A year earlier, the inflation rate was recorded at 4.27 percent. In March of 2014, upward pressures came from cost of housing, electricity, gas and fuel (5.99 percent), followed by food and no alcoholic beverages (3.65 percent). 

On a month-on-month basis, the CPI increased by 0.91 percent, compared to a 0.39 percent rise in the previous month and 0.30 percent in the same month last year. Food and non-alcoholic beverages cost increased 1.78 percent mostly due to higher prices of tomato (13.8 percent), onion (12.3 percent), and coconut (8.4 percent).

Isabel Felino | isabel.felino@tradingeconomics.com
4/4/2014 3:19:45 PM

RECENT RELEASES

Mozambique Inflation Rate Slows to 11-Month Low
In February of 2014, Mozambique annual inflation rate decelerated for the fifth straight month to 2.38 percent, down from 3.16 percent in January. On a monthly basis, prices slowed sharply to 0.39 percent, after rising 0.98 percent in the previous month. Published on 2014-03-07

Mozambique Inflation Rate Decelerates in January
In January of 2014, Mozambican annual inflation rate slowed to 3.16 percent, from 3.54 percent in December. On a monthly basis, prices accelerated to 0.98 percent, the highest rate in eleven months, due to food cost. Published on 2014-02-10


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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