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Mozambique’s June inflation jumps to 19.72 percent

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Mozambique’s national Institute of Statistics (INE) has said the country’s consumer inflation rose to 19.72 percent in June up from 18.27 percent in May, pushed by price rises of food and beverages, APA can report on Tuesday.According to INE, based on the consumer price indices for the three largest cities of Mputo, Beira and Nampula, the fall was largely due to reduced prices for cars, a fall of 12.6 per cent, tomatoes, 17.8 per cent, charcoal 10.5 per cent) groundnuts 17 per cent, cooking oil 5.9 per cent, petrol 1.5 per cent, and cabbages 16 per cent.
However, INE said some prices did increase, including meals in restaurants by 2.5 per cent, fish 4.7 per cent, mobile phones 7.2 per cent, fabrics capulanas 2.5 per cent, and men’s shoes 7.9 per cent.

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