FX.co ★ Mozambique’s July Inflation Eases Marginally to 7.48% Year-on-Year

Mozambique’s consumer price inflation edged down slightly in July 2026, with the year-on-year Consumer Price Index (CPI) registering 7.48%, compared with 7.51% in June 2026. The data, updated on 11 August 2026, indicate a modest easing in price pressures but confirm that inflation remains elevated on an annual basis.

Both the current and previous readings reflect year-on-year changes, comparing each month’s price levels with the same month a year earlier. The marginal decline from June to July suggests that while inflationary pressures persist in Mozambique’s economy, they are no longer accelerating at the pace seen earlier, pointing to a tentative stabilization in consumer prices.