Mozambique: Prices increased 3.52% in December

Prices for goods and services increased 3.52% in December 2020, according to the National Statistics Institute (INE). Nampula was the most expensive city of the year. Prices did not spare the citizen's pocket at the end of last year, more specifically in December, the month of Christmas and New Year's Eve. The National Statistics Institute reveals that the cost of living has risen 3.52%. It is the second biggest increase of 2020, after 3.55%, registered in February. In cumulative terms, that is, from January to December last year, the city of Nampula was the most expensive, with an increase in the overall price level of 4.28%, followed by the cities of Beira with 4.09% and Maputo with 2.93%. The products with the biggest price increase in 2020 were: fresh fish, horse mackerel, cooking oil, new light vehicles, full meals in restaurants, coconut and beer, with a contribution of 2.03 percentage points. Looking only at the month of December, the highlight is the increase in prices for ...