Mozambique’s inflation rate rose to 4.74% in February 2025, the highest since November 2023. Increases were largely driven by food and non-alcoholic beverages, as well as the hospitality and health sectors. Monthly consumer prices also saw a 0.52% rise.
In February 2025, Mozambique’s annual inflation rate increased to 4.74%, marking the highest level since November 2023. This rise represents the fifth consecutive month of inflation growth. Key contributors to this upward trend include food and non-alcoholic beverages, which saw prices rise by 11.89%, slightly down from 12.04% in January. Other sectors pushing inflation include restaurants, hotels and cafes at 6.20%, health services at 4.02%, and alcoholic beverages & tobacco at 3.72%, all showing significant month-over-month increases. Additionally, monthly consumer prices increased by 0.52%.
Mozambique’s inflation continues to climb, with a notable increase in annual rates reaching 4.74% in February 2025. Persistent inflationary pressures are notably driven by escalating prices in essential sectors. Tracking these trends is crucial for understanding the economic situation and potential future implications for consumers and policymakers.
Original Source: www.tradingview.com
