The
National Statistics Institute (INE) announced on Thursday that the rate of
inflation in Mozambique in
April, as measured by the consumer price indices for the three largest cities (Maputo , Nampula and Beira ),
was just 0.12 per cent,.This is a considerable decline on the previous month,
when inflation had been 0.91 per cent. It is also less than half the inflation
rate of April 2013, which was 0.25 per cent.During April, there were
significant increases in the price of cassava flour (9.3 per cent), cabbage
(7.5 per cent), lettuce (4.5 per cent), pineapples (30.6 per cent), and
groundnuts (0.9 per cent). There was a surprising reduction in the average
price of alcoholic drinks which fell by 1.05 per cent. There were also slight
falls in the prices of clothing and footwear, and of furniture. But the prices
of most of the items in the basket of goods and services on which the consumer
price index is calculated remained unchanged between March and April.The
accumulated inflation in the first four months of the years was 2.42 per cent,
lower than the figure for January-April 2013, which was 3.08 per cent.The price
rises over the entire previous year (1 May 2013 to 30 April 2014) was 2.87 per
cent. Again, this was a decline on the previous year (1 May 2012 to 30 April
2013), when inflation had been 4.79 per cent.There were differences between the
three cities. The steepest price rise in April, 0.9 per cent, was in Beira . In Maputo , the rise inflation in the month was 0.63 per cent,
and in Nampula it was 0.17 per cent.Taking the entire January to April period, Maputo experienced inflation of 4.03 per cent, while in
the other two cities it was less than one per cent (Beira 0.97 per cent, and Nampula 0.78 per
cent).
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