Prices in Mozambique rose to 10.3% in February

Preços em Moçambique subiram para 10,3% em Fevereiro

Mozambique once again recorded double-digit inflation in February, reaching 10.3%, according to the latest figures from the Consumer Price Index (CPI) bulletin, drawn up by the National Statistics Institute (INE).

The year-on-year inflation figure represents an acceleration in price rises compared to January (9.78%).

Even so, the figures are below the inflation recorded in 2022, when prices rose by 10.91% compared to 2021.

In February, according to INE, quoted by Lusa, food and non-alcoholic drinks were once again the products that contributed most to the rise in prices.

Some vegetables serve as examples: cabbage increased by 16.5% compared to the same month last year and the price of tomatoes rose by 11.7%.

The IPC bulletin collects data to calculate inflation in eight Mozambican cities: Maputo, Beira, Nampula, Quelimane, Tete, Chimoio, Xai-xai and Inhambane.

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