Mozambique Inflation Rate

The inflation rate in Mozambique was recorded at 2.75 percent in June of 2014. Inflation Rate in Mozambique averaged 6.74 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. Inflation Rate in Mozambique is reported by the Instituto Nacional De Estatistica, Mozambique.

   
 
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Mozambique Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.91 17.44 1.05 2009 - 2014 Percent Monthly
2010=100
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.


Mozambique Inflation Rate Eased Slightly in June


Mozambican annual consumer inflation slowed to 2.75 percent in June of 2014 from 2.91 percent recorded in the previous month. A year earlier the annual inflation rate was 4.86 percent.

Upward inflationary pressures came mostly from higher prices of education (5.85 percent) and food.

On a month-over-month basis, the inflation fell further to 0.52 percent in June of 2014, from a 0.38 percent decline in the previous month, mostly driven by lower food cost. In particular, prices dropped for tomatoes (-17.2 percent), dry fish (-4 percent), coconut (-5.5 percent), onion (-5.4 percent), cabbage (-10.5 percent) and lettuce (-8.1 percent). Prices of household equipment and routine household maintenance also declined 2.3 percent.

On a yearly basis, prices increased in Maputo (2.46 percent), Beira (2.39 percent), and Nampula (3.40 percent). The highest month-over-month price decline was registered for Maputo city (-1.33 percent), followed by Beira (-0.48 percent). On the other hand, Nampula recorded a 0.48 percent increase in consumer prices. 

INE | Isabel Felino | isabel.felino@tradingeconomics.com
7/10/2014 5:28:11 PM


Recent Releases

Mozambican Inflation Rate Steady in May
The annual inflation rate in Mozambique was recorded at 2.91 percent in May of 2014, almost unchanged from 2.87 percent in the previous month. A year earlier, the inflation rate was recorded at 4.9 percent. Published on 2014-06-06

Mozambique Inflation Rate Slows in April
Mozambican annual inflation rate decelerated to 2.87 percent in April of 2014, from 3.0 percent in the previous month. It is the lowest rate in fifteen months. Published on 2014-05-13