Mozambique: Annual inflation slows to 4.38% in November

The annual inflation rate in Mozambique eased for the second consecutive month to 4.38% in November 2025, marking the softest level in four months, down from 4.83% in October. Prices slowed notably for food and non-alcoholic beverages (9.52% versus 11.52% in October); health (2.59% versus 4.89%); furnishings and household equipment (3.62% versus 3.94%); and recreation and culture (4.34% versus 4.72%).

Additionally, prices continued to decline for transportation (-1.59% versus -1.70%). On a monthly basis, the CPI rose by 0.29% in November, a slower increase compared with 0.47% in the previous month.