The annual inflation rate in Mauritius fell to 0.2 percent in April 2021 from 1 percent in the previous month. It was the lowest inflation since November 2019, as prices continued to fall for food & non-alcoholic beverages (-4.0 percent vs -1.6 percent in March) and housing & utilities (-10.6 percent vs -5.6 percent). Additionally, prices rose at a softer pace for alcoholic beverages and tobacco (1.9 percent vs 2.0 percent), furnishings (4.7 percent vs 5.4 percent), restaurants & hotels (3.5 percent vs 3.9 percent), clothing and footwear (1.8 percent vs 2.2 percent) and health (5.7 Percent vs 6.0 percent). On the other hand, cost advanced faster for transport (5.7 percent vs 2.9 percent) and recreation & culture (3.5 percent vs 2.6 percent). Meantime, inflation was steady for miscellaneous goods & services (at 4.6 percent) and Communication (at 0.1 percent). On a monthly basis, consumer prices went up by 0.5 percent, after a 0.6 percent increase in the previous month. source: Central Statistics Office, Mauritius
Inflation Rate in Mauritius averaged 5.75 percent from 1988 until 2021, 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 May of 2021.
Inflation Rate in Mauritius is expected to be 1.60 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 2.30 in 12 months time. In the long-term, the Mauritius Inflation Rate is projected to trend around 2.80 percent in 2022 and 3.60 percent in 2023, according to our econometric models.