
Soaring inflation sees Mozambique hike by 100bp

The Bank of Mozambique raised its key interest rate by 100 basis points to 10.75% on February 15, in an effort to control rapidly increase inflation, which rose above 11% last month.
According to statistics published by the National Statistics Institute (INE), annual inflation measured 10.55% for 2015, above the government's forecast for the year of 5.1%.
In January inflation ticked up further to 11.25%, something the agency attributed to an ongoing food-price shock. This has seen the price of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]