Mozambique Annual Inflation Rate

Mozambique's annual inflation rate fell to 4.08% in 2024, down from 7.13% in 2023, according to World Bank. This represents a decrease of 3.05% from the previous year. Mozambique has annual inflation rate higher than the global median (4.08% vs median 3.16%). Compared with the median in Africa, Mozambique is lower (4.08% vs regional median 4.30%) and ranks 28th out of 50 countries in Africa.