Average inflation measured by CPI reached 2.79 % in 2019 in Mozambique, according to the National Statistical Office. This is 28.8 % less than in the previous year.
Historically, average inflation measured by CPI in Mozambique reached an all time high of 164 % in 1987 and an all time low of 1.49 % in 1998. When compared to Mozambique's main peers, average inflation measured by CPI in Malawi amounted to 9.38 %, 4.13 % in South Africa, 3.45 % in Tanzania and 9.80 % in Zambia in 2019.
Mozambique has been ranked 72nd within the group of 175 countries we follow in terms of average inflation measured by CPI, 2 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.