Inflation came in at 9.8% in January, down from December’s 10.9%. The ongoing downtrend of price pressures prompted the Central Bank to maintain its key rate at 17.25% on 25 January. This year, inflation is forecast to decelerate further and average below the Bank’s 10.0% target.
Mozambique Inflation (CPI, ann. var. %, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, eop) | 5.6 | 3.5 | 3.8 | 4.2 | 7.2 |