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Mozambique inflation rises to 3.2% in February as food prices rise

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
  • Mozambique inflation rises to 3.2% in February
  • Food and household fuel prices drive increase

 

MAPUTO, MOZAMBIQUE – Mozambique’s consumer inflation edged higher in February, reversing the previous month’s slowdown as food prices and household fuel costs pushed annual inflation to 3.20%.

The increase, reported by Mozambique’s National Institute of Statistics (INE), represents a modest rise from the 3.04% annual inflation recorded in January.

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