Inflation in Mozambique is expected to rise from 3.1% this year to 5.4% in 2025, according to the latest estimates by British consultancy Oxford Economics. This forecast is driven by factors such as climatic phenomena, namely El Niño, and the impacts of post-election violence.

"Inflation is likely to face upward pressures in 2025 due to the adverse effects of the recent El Niño, constraints in supply and distribution chains due to the disruption following the elections, and an increase in capital expenditure," the consultancy warned in a publication in the European Parliament. Savannah newspaper.

In the same publication, data from the National Statistics Institute (INE) revealed that prices in Mozambique rose by 0.72% in November compared to the previous month, marking year-on-year inflation of 2.84%. This figure represents an increase on the 2.68% in October and the 2.45% in September, consolidating a downward monthly trend that follows four months of deflation between May and August.

At the beginning of December, the Bank of Mozambique (BdM) warned that prices could continue to rise due to the consequences of the post-election tension. Although inflation remained stable in October, the institution predicts an acceleration towards the end of 2024, due to restrictions on the supply of goods and services resulting from the electoral disputes.

(Photo DR)