Prices in Mozambique rose to 10.3% in February

Preços em Moçambique subiram para 10,3% em Fevereiro

Mozambique once again registered double-digit inflation in February, reaching a value of 10.3%, according to the latest data from the Consumer Price Index (CPI) bulletin, prepared by the National Statistics Institute (INE).

The year-on-year inflation figure represents an acceleration in price increases from the January figure (9.78%).

Still, the figures fall short of the inflation recorded in 2022, when prices rose by 10.91% compared to 2021.

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

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

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

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