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Inflation in Mozambique Rises to 10.3 Percent in February

Inflation in Mozambique Rises to 10.3 Percent in February

Mozambique once again recorded double-digit inflation in February, reaching a figure of 10.3 percent, according to the latest data from the Consumer Price Index (CPI) bulletin, drawn up by the National Statistics Institute (INE).

The year-on-year inflation figure represents an acceleration in price rises compared to January (9.78%).

Even so, the figures are still below the inflation recorded for 2022, a year in which prices rose by 10.91% compared to 2021.

In February, according to INE, food and non-alcoholic beverages were once again the products that contributed most to price rises.

Some vegetables serve as an example: cabbage rose 16.5% compared to the same month last year and the price of tomatoes rose 11.7%.

The IPC bulletin collects data to calculate inflation in eight Mozambican cities: Maputo, Beira, Nampula, Quelimane, Tete, Chimoio, Xai-xai and Inhambane.

Lusa

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