The annual inflation rate in Mozambique rose for the second month to 3.37% in March 2026 from 3.20% in the prior month. This marked the highest reading since last November, amid lingering effects of flooding that disrupted supply chains. Prices increased faster primarily for food & non-alcoholic beverages (6.20% vs 5.83% in February); alcoholic beverages & tobacco (3.08% vs 2.97%) and restaurants & hotels (5.30% vs 4.95%). At the same time, prices remained elevated for clothing & footwear (4.68% vs 4.80%). By contrast, transportation costs continued to fall, though at a slower pace (-0.87% vs -1.52%). On a monthly basis, the CPI rose by 0.22%, after a 0.68% increase in the previous month. source: Instituto Nacional De Estatistica, Mozambique

Inflation Rate in Mozambique increased to 3.40 percent in March from 3.20 percent in February of 2026. Inflation Rate in Mozambique averaged 6.85 percent from 2009 until 2026, 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 April of 2026.

Inflation Rate in Mozambique increased to 3.40 percent in March from 3.20 percent in February of 2026. Inflation Rate in Mozambique is expected to be 3.80 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 3.20 percent in 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-10 08:00 AM
Inflation Rate YoY
Feb 3.2% 3.04% 3.2%
2026-04-13 04:00 PM
Inflation Rate YoY
Mar 3.4% 3.2% 3.4%
2026-05-08 08:00 AM
Inflation Rate YoY
Apr 3.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 111.50 111.26 points Mar 2026
CPI Housing Utilities 105.05 105.27 points Mar 2026
CPI Transportation 99.81 99.51 points Mar 2026
Food Inflation 6.20 5.83 percent Mar 2026
Inflation Rate YoY 3.40 3.20 percent Mar 2026
Inflation Rate MoM 0.22 0.68 percent Mar 2026


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
3.40 3.20 26.35 1.05 2009 - 2026 percent Monthly
2023=100

News Stream
Mozambique Inflation Rate Up to 4-Month High of 3.4%
The annual inflation rate in Mozambique rose for the second month to 3.37% in March 2026 from 3.20% in the prior month. This marked the highest reading since last November, amid lingering effects of flooding that disrupted supply chains. Prices increased faster primarily for food & non-alcoholic beverages (6.20% vs 5.83% in February); alcoholic beverages & tobacco (3.08% vs 2.97%) and restaurants & hotels (5.30% vs 4.95%). At the same time, prices remained elevated for clothing & footwear (4.68% vs 4.80%). By contrast, transportation costs continued to fall, though at a slower pace (-0.87% vs -1.52%). On a monthly basis, the CPI rose by 0.22%, after a 0.68% increase in the previous month.
2026-04-14
Mozambique Inflation Rate Rises to 3.2% in February
The annual inflation rate in Mozambique inched up to 3.20% in February 2026 from an over one-year low of 3.04% in the prior month, partly reflecting the impact of disruptions caused by severe cyclones hitting the country since January. Upward pressure came primarily from prices of food & non-alcoholic beverages (5.83% vs 5.72%); clothing & footwear (4.80% vs 3.81%); miscellaneous goods & services (4.27% vs 4.01%); housing & utilities (2.71% vs 1.68%) and furnishings & household equipment (1.77% vs 1.32%). On the other hand, prices continued to fall for transportation (-1.52% vs -1.72%). On a monthly basis, the CPI rose by 0.68%, after a 1.26% increase in the previous month.
2026-03-10
Mozambique Inflation Rate Slows to Over 1-Year Low
The annual inflation rate in Mozambique fell slightly to 3.04% in January 2026, the lowest since November 2024, from 3.23% in December, marking the fourth consecutive month of slowing price growth. Prices slowed down for some CPI items, notably food & non-alcoholic beverages (5.72% vs 6.64% in December); alcoholic beverages & tobacco (2.68% vs 3.51%); furnishings & household equipment (1.32% vs 3.27%) and health (2.72% vs 3.44%). Additionally, transportation costs continued to decrease (-1.72% vs -1.60%). On a monthly basis, the CPI rose by 1.26% in January, after a 0.49% increase in the prior month.
2026-02-11