Mozambique’s inflation rate reached 4.74% in February 2025, the highest since November 2023. Key contributors to this rise include food and non-alcoholic beverages, hospitality, health services, and alcoholic products. Monthly consumer prices increased by 0.52%.
In February 2025, Mozambique experienced an increase in its annual inflation rate, which rose to 4.74%. This marks the highest rate observed since November 2023, occurring for the fifth consecutive month. Notably, the primary contributors to this inflation are the costs of food and non-alcoholic beverages, which stood at 11.89%, along with the hospitality sector, which includes restaurants and hotels at 6.20%. Other significant increases were recorded in health services at 4.02% and alcoholic beverages and tobacco at 3.72%. Additionally, consumer prices rose by 0.52% on a monthly basis.
The increase in Mozambique’s inflation rate to 4.74% reflects ongoing economic pressures, primarily driven by rising costs in essential sectors such as food, health, and hospitality. The consistent rise over five months indicates a trend that could affect overall economic stability and purchasing power.
Original Source: www.tradingview.com
