The National Statistics Institute (INE) revealed that prices in Mozambique increased by 0.03% in March, when compared to the previous month. According to the entity, the clothing and footwear division stood out, contributing around 0.04 percentage points (pp) to the total monthly change. "Looking at the...
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"Rising fuel prices increasingly increase poverty for Mozambicans"
Mozambican families complain about the impact of rising prices of fuel and basic products. Businessmen call on banking to quickly revise the "interest-free banking" legislation to stimulate the economy. "This is increasing more and more the poverty of Mozambicans. It is a way to send the citizens of Mozambique away," complains a resident of...
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Prices of basic products are already starting to rise in Maputo City
Less than a week before the festive season, the prices of some basic products rose significantly in the main markets of Maputo city, especially the "wholesale" of Zimpeto. As it usually happens when the festive season arrives there is a shortage of some basic necessities and consequently a rise in prices in some markets. In the market...