Consumer prices in Mauritius rose 0.5 percent year-on-year in April 2019, following a 1.4 percent decline in the prior month. It is the highest increase in consumer prices since December. Prices rose for food & non-alcoholic beverages (0.2%); transport (0.8%); alcoholic beverages & tobacco (0.8%); furnishings (0.8%); restaurants & hotels (3.8%); miscellaneous goods & services (1.5%); clothing & footwear (3% ) and health (2.4%). In contrast, cost fell for housing & utilities (-0.3%); education (-2.7%) and communication (-3.3 percent). On a monthly basis, consumer prices were flat for the second month running. Inflation Rate in Mauritius averaged 6.02 percent from 1988 until 2019, 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.
Inflation Rate in Mauritius is expected to be 0.30 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 1.30 in 12 months time. In the long-term, the Mauritius Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.