Africa-Press – Mozambique. The recent increase in the price of eggs, as a result of bird flu in South Africa, boosted inflation in Mozambique during the month of October, after a slowdown for five straight months.
Data collected last October for the National Statistics Institute’s Consumer Price Index (IPC) in Maputo, Beira, Nampula, Quelimane, Tete, Chimoio, Xai-xai and Inhambane province, indicate that the country registered an increase in prices in the order of 0.30% over last month.
The INE attributes the increase to the rise in the price of fresh fish (1.7%), lemons (61.9%), fresh chicken eggs (11 .1%), tomatoes (1.0%), rice (1.3%), horse mackerel (0.9%) and beer for consumption outside home (1.0%). These products contributed to overall monthly inflation with around 0.21 positive percentage points.
According to INE, compared to the same period in 2022, general price inflation in Mozambique stood at around 4.75%. The divisions of Miscellaneous Goods and Services, and Education, saw the biggest price increase, increasing by 17.10% and 14.12% respectively.
Inflation in Mozambique has been on a downward trend since May, from a peak of 10.82% in March, and even with the traditional increases in food prices in December, should end the year below the initial government forecast of 11.5%.
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