actual 4.15, previous 2.84
On January 10, 2025, at 13:00 GMT, Mozambique (MZ) released its Inflation Rate Year-on-Year (YoY) data for December. The actual inflation rate was 4.15%, which was higher than the previous rate of 2.84%. This change of 1.31% represents a 46.13% increase from the previous period. The market had estimated the inflation rate to be 2.9%, so the actual figure exceeded expectations.
Inflation is a key economic indicator that measures the rate at which the general level of prices for goods and services is rising. A higher inflation rate can have various impacts on the economy, including affecting consumer purchasing power, interest rates, and investment decisions.
This event was categorized as having a low impact on the market, but it still provides valuable information for investors, policymakers, and analysts to assess the economic conditions in Mozambique and make informed decisions.