In recent economic developments, Mozambique's Consumer Price Index (CPI) for the month of March 2024 has decreased to 3.03%. This marks a decline from the previous month of February 2024 when the CPI was recorded at 4%. The data was updated on April 10, 2024, providing insights into the country's inflation trends.
The comparison period for this indicator is Year-over-Year, which means the current CPI of March 2024 is being compared to the same month a year ago. This shift in the CPI indicates a slight decrease in inflation rates in Mozambique. As the country continues to monitor economic indicators closely, fluctuations in the CPI can have implications for consumers, businesses, and policymakers alike, influencing decisions related to spending, investments, and monetary policy.
