Inflation Mozambique 2020
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.2%. The lowest inflation was in June at 2.5%.
- Highest month
- January: 4.2%
- Lowest month
- June: 2.5%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.1%. The lowest price increase was in Energy with an average of 0.6%.
- Highest increase
- Food: 7.1%
- Lowest increase
- Energy: 0.6%
Historical Context
Current inflation is 5.1% lower than the 5-year average of 8.6%.
- 5-year average
- 8.6%
- 10-year average
- 6.7%
- All-time high (2016)
- 17.4%
- All-time low (2014)
- 2.6%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+0.7 percentage point).
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- October: +1.7 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 4.2% | +0.4 |
| February | 4.1% | +0.4 |
| March | 3.5% | +0.1 |
| April | 3.2% | -0.1 |
| May | 3.0% | +0.6 |
| June | 2.5% | +0.2 |
| July | 2.7% | +0.5 |
| August | 3.1% | +1.1 |
| September | 3.5% | +1.5 |
| October | 3.9% | +1.7 |
| November | 4.1% | +1.5 |
| December | 4.2% | +0.4 |
| Average | 3.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.