The inflation rate in Mauritius stood at 1.5% in August of 2020, its lowest level since December. Prices advanced at the same pace for food & non-alcoholic beverages (at 2.6%) and education (at 3.2%), while inflation slowed for alcoholic beverages & tobacco (1.1% vs 1.6%) and furnishings (3.8% vs 4%). Meantime, cost fell for housing & utilities (-5.1% vs -4.7%) and communications (-0.3%, the same pace as in July). On a monthly basis, consumer prices were up 0.4%, after dropping 0.3% in the prior month.
Inflation Rate in Mauritius averaged 5.83 percent from 1988 until 2020, reaching an all time high of 18.10 percent in April of 1989 and a record low of -1.40 percent in March of 2019. This page provides - Mauritius Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mauritius Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
Inflation Rate in Mauritius is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mauritius to stand at 2.00 in 12 months time. In the long-term, the Mauritius Inflation Rate is projected to trend around 2.00 percent in 2021 and 2.10 percent in 2022, according to our econometric models.