35121E INFLATION 1.2 PER CENT IN DECEMBER

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35121E INFLATION 1.2 PER CENT IN DECEMBER

Maputo, 10 Jan (AIM) – Inflation in Mozambique was 1.2 per cent in December, according to the National Statistics Institute (INE), drawing on the consumer price indices for the three largest cities (Maputo, Nampula and Beira).

This means that inflation for the entire year of 2020 was 3.52 per cent. The government has thus easily met its target of “single digit inflation” – that is, inflation of ten per cent or less.

The Decemb ...