{"id":51841,"date":"2023-12-08T18:32:09","date_gmt":"2023-12-08T18:32:09","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank"},"modified":"2023-12-08T19:18:51","modified_gmt":"2023-12-08T19:18:51","slug":"inflation-expected-to-rise-until-years-end-central-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank","title":{"rendered":"Inflation expected to rise until year\u2019s end \u2013 central bank"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Bank of Mozambique has acknowledged that inflation will still accelerate until the end of the year, influenced by the reduction in the supply of agricultural products and the possibility of an increase in fuel prices.<\/p>\n

\u201cThe short-term outlook points to a slight acceleration in inflation in the fourth quarter of 2023,\u201d said the Economic Situation and Inflation Outlook report, finalised this month by the Bank of Mozambique and which Lusa accessed on Monday.<\/p>\n

\u201cThese forecasts stem from the lower supply of agricultural products produced in the country, the start of the festive season and the increase in food prices in South Africa, in a context in which the effects of \u2018El Nin\u0303o\u2019, the approach of the cyclone season and the possible upward adjustment of fuel prices prevail as risks,\u201d it reads.<\/p>\n

Twelve-month inflation in Mozambique had already accelerated in October, to 4.75%, compared to 4.63% in September, reversing the downward trend seen in the last seven months of the year and \u201creflecting the increase in the prices of imported food products\u201d.<\/p>\n

\u201cEven so, in the short term, the outlook for single-digit inflation remains,\u201d the central bank said in the same report.<\/p>\n

In the opposite direction, the Bank of Mozambique said economic agents \u201crevised their inflation outlook for December downwards\u201d to 4.61%, against the forecast of 5.70% a month ago.<\/p>\n

In June, businessmen predicted a 12-month inflation rate of 8.82% at the end of December.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The Bank of Mozambique has acknowledged that inflation will still accelerate until the end of the year, influenced by the reduction in the supply of agricultural products and the possibility of an increase in fuel prices. \u201cThe short-term outlook points to a slight acceleration in inflation in the fourth quarter of 2023,\u201d […]<\/p>\n","protected":false},"author":84,"featured_media":51840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-51841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nInflation expected to rise until year\u2019s end \u2013 central bank - Mozambique<\/title>\n<meta name=\"description\" content=\"The Bank of Mozambique has acknowledged that inflation will still accelerate until the end of the year, influenced by th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation expected to rise until year\u2019s end \u2013 central bank\" \/>\n<meta property=\"og:description\" content=\"The Bank of Mozambique has acknowledged that inflation will still accelerate until the end of the year, influenced by th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-08T18:32:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-08T19:18:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1702050203.4867.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inflation expected to rise until year\u2019s end \u2013 central bank\",\"datePublished\":\"2023-12-08T18:32:09+00:00\",\"dateModified\":\"2023-12-08T19:18:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\"},\"wordCount\":252,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1702050203.4867.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/inflation-expected-to-rise-until-years-end-central-bank\",\"name\":\"Inflation expected to rise until year\u2019s end \u2013 central bank - 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