Prices in Mozambique rose 0.52 per cent in February, with year-on-year inflation reaching 4.74 per cent, according to data released today by the National Statistics Institute (INE).
The INE’s Consumer Price Index (CPI) indicates that Mozambique ‘recorded a price increase of around 0.52 per cent’ compared to January (1.45 per cent), in which food and non-alcoholic drinks stood out, as in previous months, contributing a total of 0.33 percentage points to the monthly change.
This is the sixth consecutive monthly increase, after the CPI had registered four months of deflation: 0.11% in August, 0.05% in July, 0.21% in June and 0.38% in May.
INE also states that the data for the first two months of the year, when compared to 2024, indicate a year-on-year price rise of 4.74 per cent, influenced above all by the food and non-alcoholic drinks and restaurants, hotels, cafés and similar divisions, which rose by 11.89 per cent and 6.20 per cent respectively in one year.
Accumulated inflation for 2024, according to previous INE data, stood at 4.15 per cent, which compares with 5.3 per cent in 2023, but below the peak of almost 13 per cent reached in July 2022.
Lusa
