The annual inflation rate in Mauritius rose to 0.9 percent in December 2019, its highest level since September, from 0.3 percent in the prior month. Prices advanced faster mainly for food & non-alcoholic beverages & tobacco (3.1 percent vs 0.6 percent in November); furnishings (2.6 percent vs 1.9 percent) and recreation & culture (1.9 percent vs 1.6 percent). Conversely, cost decreased for transport (-1.8 percent vs -1.9 percent); housing & utilities (-0.2 percent, the same pace as in November) and education (-3 percent, the same pace as in November). On a monthly basis, consumer prices went up 0.3 percent, the same pace as in the preceding month. Inflation Rate in Mauritius averaged 5.91 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 0.80 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 1.50 in 12 months time. In the long-term, the Mauritius Inflation Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.