Mozambique: Prices up 0.29% in September

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Mozambique: Prices up 0.29% in September

1:10 CAT | 13 Oct 2025

File photo: Lusa

Prices in Mozambique rose by 0.29% in September, half the rise recorded in August, with year-on-year inflation rising slightly to 4.93%, according to data released on Friday (10-10) by the National Institute of Statistics (INE).

The Consumer Price Index (CPI) for September from the INE indicates that Mozambique “recorded a price increase of around 0.29%” compared to August (a rise of 0.68%), influenced by the food and non-alcoholic beverages sector, which contributed negatively to the total monthly variation by 0.08 percentage points.

According to the CPI analysis of the monthly variation by product, “it is worth highlighting” the increase in prices of fresh fish (2.0%), DSTV television service subscriptions (3.9%), motorbikes (3.6%), maize grain (5.7%), dried fish (1.0%), cabbage (3.4%) and full meals in restaurants (0.4%).

Mozambique had previously recorded eight monthly declines in the consumer price index in less than a year and a half, four of which occurred between April and July, resuming increases in August and September.

The INE also notes that, when compared with 2024, the CPI indicates a year-on-year price increase in September of 4.93% (4.79% in August and 3.96% in July), mainly influenced by the food and non-alcoholic beverages divisions, as well as that relating to restaurants, hotels, cafés and similar establishments, which increased by 11.85% and 9.01% respectively over one year.

The accumulated inflation for 2024, according to previous INE data, stood at 4.15%, compared with 5.3% in 2023, but below the peak of almost 13% reached in July 2022.

The government forecasts that Mozambique will end 2025 with inflation of around 7%.

The Bank of Mozambique estimates that annual inflation will continue to slow in the coming months, reflecting the decision to exempt some basic products from VAT and to reduce toll tariffs by up to 60%.

“In the short term, a continuation of the trend of slowing annual inflation is expected, reflecting the impact of the VAT exemption on basic products (sugar, cooking oil and soap), the downward adjustment of water and toll tariffs, and the fall in food prices on the international market, in a context of metical stability,” reads the previous Economic Situation and Inflation Outlook report.

Source: Lusa