Mozambique: Government Envisages Average Inflation Rate of 6.5 Percent in 2024

Maputo — The Mozambican Ministry of Economy and Finance (MEF) envisages an average annual inflation rate of 6.5 percent in 2024, taking into account the tightening of national monetary policy.

According to the Deputy Minister of Economy and Finance, Carla Louveira, in subsequent years, namely 2025 and 2026, the inflation rate will be in the range of 5.5 percent and five percent, respectively.

“The stability of the metical against major currencies, the deceleration of international fuel prices,…

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