The annual inflation rate in Mauritius soared to 2 percent in January 2020 from 0.9 percent in the previous month. It was the highest inflation rate since November 2018, mainly due to rising prices of food & non-alcoholic beverages (6.9 percent vs 3.1 percent in December). Additional upward pressure came from recreation & culture (2.1 percent vs 1.9 percent); miscellaneous goods & services (1.2 percent vs 0.4 percent); furnishings (2.4 percent vs 2.6 percent) and housing & utilities (0.1 percent vs -0.2 percent). In contrast, transport cost fell (-0.3 percent vs -1.8 percent); communication (-0.8 percent vs -0.3 percent) and education (-3.8 percent vs -3 percent). On a monthly basis, consumer prices shot up 2.4 percent, after increasing 0.3 percent in the prior month.
Inflation Rate in Mauritius averaged 5.90 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.
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 2021, according to our econometric models.