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Inflation Slows Yet Prices Remain High in Mozambique

For the fourth month, Mozambique saw lower inflation rates, but living costs haven't dropped.

The August Consumer Price Index (CPI) was 4.93%. This is down from 5.67% in July and 6.81% in June.

Stats from cities like Maputo and Beira show a slight deflation of 0.12%. Food and drinks had the most significant negative change, at 0.17%.

However, daily costs stay high. The year-to-date price hike is around 2.10%.

Sectors like food, hotels, and transport saw the most significant . . .

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