Inflation Mozambique 2019
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in January at 3.8%. The lowest inflation was in August at 2.0%.
- Highest month
- January: 3.8%
- Lowest month
- August: 2.0%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 3.3%. The lowest price increase was in Energy with an average of 2.5%.
- Highest increase
- Food: 3.3%
- Lowest increase
- Energy: 2.5%
Historical Context
Current inflation is 5.8% lower than the 5-year average of 8.6%. This approaches the lowest level since records began (2.6% in 2014).
- 5-year average
- 8.6%
- 10-year average
- 7.6%
- All-time high (2016)
- 17.4%
- All-time low (2014)
- 2.6%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- August: -3.0 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 3.8% | 0.0 |
| February | 3.7% | +0.8 |
| March | 3.4% | +0.4 |
| April | 3.3% | +1.0 |
| May | 2.4% | -0.9 |
| June | 2.3% | -2.1 |
| July | 2.2% | -2.5 |
| August | 2.0% | -3.0 |
| September | 2.0% | -2.9 |
| October | 2.2% | -2.5 |
| November | 2.6% | -1.7 |
| December | 3.8% | +0.3 |
| Average | 2.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.