As of February 2025, Mozambique’s annual inflation rate reached 4.74%, its highest since November 2023, driven by rising prices in food, non-alcoholic beverages, and other sectors. Monthly consumer prices increased by 0.52%.
In February 2025, Mozambique’s annual inflation rate escalated to 4.74%, marking a notable increase for the fifth consecutive month. This rate represents the highest level since November 2023. The primary contributors to this increase include rising prices in food and non-alcoholic beverages, which registered an inflation rate of 11.89%, albeit slightly down from January’s 12.04%.
Additionally, other sectors experienced significant increases as well. The restaurant, hotel, and cafe sector saw inflation rise to 6.20%, up from 5.07% in January. Health services reflected a rate of 4.02%, compared to January’s 3.59%, while alcoholic beverages and tobacco increased to 3.72%, from 3.01% the previous month. Overall, consumer prices rose by 0.52% on a monthly basis, indicating ongoing inflationary pressure in the economy.
The inflation rate in Mozambique has continued to rise, reaching 4.74% in February 2025 due to increasing prices in various sectors, particularly in food and beverages. Monthly price increases of 0.52% underscore persistent economic challenges, particularly in essential services and products.
Original Source: www.tradingview.com
