Mozambique’s inflation rate accelerated to 4.74% in February 2025, the highest since November 2023, driven by rising prices in food, restaurants, and health services. Monthly consumer prices increased by 0.52%.
In February 2025, Mozambique’s annual inflation rate rose to 4.74%, marking the highest level since November 2023. This surge represents an increase that has persisted for five consecutive months. Key contributors to this inflationary trend include significant price hikes in essential sectors, such as food and non-alcoholic beverages, which recorded 11.89%, restaurants and hotels at 6.20%, healthcare at 4.02%, and alcoholic beverages and tobacco at 3.72%.
The inflation rate in Mozambique reflects persistent increases, particularly in food and essential services. The continued rise demonstrates the economic pressures facing consumers, particularly regarding basic necessities. As inflation reaches levels not seen in over a year, monitoring these trends will be critical for economic stability moving forward.
Original Source: www.tradingview.com