Inflation Mozambique 2022
Average inflation: 10.3%
Current Inflation
Inflation is very high at 10.3%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 13.0%. The lowest inflation was in February at 6.6%.
- Highest month
- August: 13.0%
- Lowest month
- February: 6.6%
- Difference
- 6.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 12.9%. The lowest price increase was in Energy with an average of 5.8%.
- Highest increase
- Food: 12.9%
- Lowest increase
- Energy: 5.8%
Historical Context
Current inflation is 4.9% higher than the 5-year average of 5.4%.
- 5-year average
- 5.4%
- 10-year average
- 7%
- All-time high (2016)
- 17.4%
- All-time low (2014)
- 2.6%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.9 percentage point.
- Change vs. previous year
- +3.9 percentage points
- Largest monthly swing
- August: +6.9 percentage points
ECB Target
Inflation is 8.3% 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 €110.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 7.8% | +3.2 |
| February | 6.6% | +0.6 |
| March | 6.7% | -0.1 |
| April | 8.4% | +1.9 |
| May | 10.1% | +3.8 |
| June | 11.5% | +5.0 |
| July | 12.7% | +6.5 |
| August | 13.0% | +6.9 |
| September | 12.7% | +6.2 |
| October | 11.8% | +5.0 |
| November | 11.3% | +4.1 |
| December | 10.9% | +3.7 |
| Average | 10.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.