Mozambique’s annual inflation rate decelerated for a third consecutive month to 6.31% in September 2026, compared to August’s 6.45%, marking its lowest level since April. Slower price growth was particularly seen for food & non-alcoholic beverages (8.69% vs 8.91%); alcoholic beverages & tobacco (3.73% vs 4.33%); recreation & culture (3.65% vs 4.86%) and miscellaneous goods & services (2.43% vs 3.48%). On a monthly basis, the CPI went up by 0.16%, after a 0.28% decrease in the month before. Among the products recording the largest price increases were onions (11.4%), corn kernels (10.4%), second-hand light motor vehicles (3.9%), and hamburgers, steaks, pork sandwiches and similar products (2.5%). Smaller increases were recorded for mackerel and beer consumed outside the home (both 0.8%), and cement (0.5%).

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