Mozambique Inflation Rate Reaches Highest Level in Over a Year

Mozambique’s inflation rate increased to 4.74% in February 2025, the highest since November 2023. Key contributors included food, services, health, and beverages, with consumer prices rising monthly by 0.52%.

In February 2025, Mozambique’s annual inflation rate surged to 4.74%, marking the highest level observed since November 2023. This increase represents a continuous acceleration for five months. Major contributors to this rise include food and non-alcoholic beverages, which recorded an inflation rate of 11.89%, slightly down from 12.04% in January. Additionally, there were notable increases in prices for restaurants, hotels, and cafes at 6.20%, health at 4.02%, and alcoholic beverages and tobacco at 3.72%.

Consumer prices also experienced a monthly ascent of 0.52%, further intensifying concerns regarding inflationary trends across the nation. These trends indicate persistent inflationary pressures that may affect the economic stability of Mozambique moving forward. Stakeholders in the economy are advised to monitor these developments closely, as they may have significant implications for consumer spending and overall economic performance.

In summary, Mozambique’s inflation rate has reached a significant high of 4.74% in February 2025, driven primarily by substantial rises in food and service-related sectors. Continuous monitoring of these inflationary pressures is essential, as they pose potential challenges for economic stability and consumer behavior in the region.

Original Source: www.tradingview.com