Inflation Mozambique 2016

Average inflation: 17.4%

Current Inflation

Inflation is very high at 17.4%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 23.8%. The lowest inflation was in February at 10.8%.

Highest month
October: 23.8%
Lowest month
February: 10.8%
Difference
13.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 27.3%. The lowest price increase was in Energy with an average of 4.7%.

Highest increase
Food: 27.3%
Lowest increase
Energy: 4.7%

Historical Context

Current inflation is 11.3% higher than the 5-year average of 6.1%. This approaches the highest level since records began (17.4% in 2016).

5-year average
6.1%
10-year average
8.1%
All-time high (2016)
17.4%
All-time low (2014)
2.6%

Trend

Inflation shows an upward trend. Compared to 2015, inflation has risen by +13.8 percentage point.

Change vs. previous year
+13.8 percentage points
Largest monthly swing
September: +20.6 percentage points

ECB Target

Inflation is 15.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €117.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January 11.4% +8.6
February 10.8% +6.8
March 11.0% +7.9
April 13.7% +11.7
May 15.3% +14.0
June 16.7% +15.3
July 17.9% +16.4
August 19.7% +17.4
September 23.3% +20.6
October 23.8% +19.1
November 23.8% +17.5
December 21.2% +10.6
Average 17.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also