The price of the basket used to calculate the Consumer Price Index (CPI) of Mozambique fell by 31 basis points from April to May, that is, there was a deflation monthly rate of 0.31 percent. According to the news Online “The division of ‘food and non-alcoholic drinks’, was the most prominent, contributing with about -0.34 percent” in the evolution of prices, according to the IPC bulletin released yesterday. At the level of the main cities, Beira registered, in May this year, a price drop of “about 0.79 percent”, in Maputo the cost of the CPI basket was reduced by 0.20 percent, while in Nampula there was a reduction of 0 .16 percent, added INE.

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