Inflation in Mozambique
Mozambique - InflationPreliminary GDP data revealed that economic activity remained subdued in Q3, with annual growth ticking down to 3.2% from an already soft 3.3% in the first half of the year. The third-quarter expansion was underpinned by a booming extractive industry and healthy growth of the services sector. On the external front, the current account deficit nearly doubled in Q3 compared to a year ago due to substantially higher imports, particularly of fuels, which will likely lead to a deterioration of the external position this year. Meanwhile, at the end of its yearly staff visit in late-November, the IMF welcomed government efforts to reduce fiscal imbalances and encouraged it to rely on external grants and concessional loans for its financing needs.
Mozambique - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.3||2.6||3.6||19.9||15.1|
5 years of economic forecasts for more than 30 economic indicators.
Mozambique Inflation Chart
Source: National Institute Statistics
|Exchange Rate||62.15||0.48 %||Jan 16|
|Stock Market||0.1||0.0 %||Jan 16|
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