Mozambique: Inflation of 1.13 Per Cent in April

Maputo — Month-to-month inflation in Mozambique, as measured by the patron worth index within the three largest cities (Maputo, Nampula and Beira) was 1.13 per cent in April, in keeping with the Nationwide Statistics Institute (INE).

Inflation within the first 4 months of the yr was 4.5 per cent, and annual inflation (1 Could 2021 to 30 April 2022) was 7.9 per cent.

The products and companies which contributed most to the April inflation had been bread (up by 8.5 per cent), dried fish (9.5 per cent), diesel (7.1 per cent), petrol (7.1 per cent), vegetable oil (4 per cent), and second hand automobiles (2.4 per cent).

However the costs of some merchandise dropped over the month – notably cabbage (down by 4.1 per cent), recent fish (1.6 per cent) and tomatoes (1.5 per cent).

Inflation was not the identical in all three cities – it was at its highest in Nampula (1.36 per cent), adopted by Beira (1.16 per cent), and eventually by Maputo (0.99 per cent).

Taking the whole previous yr the value rises had been 8.8 per cent in Nampula, 7.87 per cent in Maputo, and 6.7 per cent in Beira.

Source

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