Inflation Mozambique 2018
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 5.0%. The lowest inflation was in April at 2.3%.
- Highest month
- August: 5.0%
- Lowest month
- April: 2.3%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 5.6%. The lowest price increase was in Food with an average of 0.0%.
- Highest increase
- Energy: 5.6%
- Lowest increase
- Food: 0.0%
Historical Context
Current inflation is 4.7% lower than the 5-year average of 8.6%.
- 5-year average
- 8.6%
- 10-year average
- 7.7%
- All-time high (2016)
- 17.4%
- All-time low (2014)
- 2.6%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +11.5 percentage point.
- Change vs. previous year
- -11.5 percentage points
- Largest monthly swing
- April: -19.0 percentage points
ECB Target
Inflation is 1.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.8% | -16.8 |
| February | 2.9% | -18.0 |
| March | 3.0% | -18.6 |
| April | 2.3% | -19.0 |
| May | 3.3% | -17.1 |
| June | 4.4% | -13.7 |
| July | 4.7% | -11.5 |
| August | 5.0% | -9.1 |
| September | 4.9% | -5.9 |
| October | 4.7% | -3.7 |
| November | 4.3% | -2.9 |
| December | 3.5% | -2.1 |
| Average | 3.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.