Mozambique: 1.49 Per Cent Inflation in December

The expected hike in Mozambican prices in December did not materialise, despite the festive season. According to the National Statistics Institute (INE), citing the consumer price indices for the three largest cities (Maputo, Nampula and Beira), inflation in December was only 1.49 per cent.

The major price rises during the month were for fresh prawns (24 per cent), coconuts (17.9 per cent), live chickens (13.3 per cent), onions (16.8 per cent), tomatoes (10.9 per cent), and fresh fish (2.1 per cent).

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