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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Publications>Export & Import Price Indices - 4th Quarter 2016

Export & Import Price Indices - 4th Quarter 2016

 

Highlights 

Export Price Index (EPI)

1.  The EPI rose by 1.3% from 97.7 in the third quarter of 2016 to 99.0 in the fourth quarter of 2016, mainly due to an increase in the prices of Food and live animals” (+5.5%), partly offset by decreases in the prices of “Manufactured goods classified chiefly by material” (-3.9%) and “Miscellaneous manufactured articles” (-1.7%).
 
2.  Compared to price levels in the corresponding quarter of 2015, the index went down by 0.6% mainly due to decreases in the prices of “Manufactured goods classified chiefly by material”   (-9.7%) and “Miscellaneous manufactured articles” (-4.9%), partly offset by an increase of 5.1% in the prices of “Food and live animals”.
 
 
Import Price Index (IPI)
 
3.  The IPI rose by 3.4% from 81.4 in the third quarter of 2016 to 84.2 in the fourth quarter of 2016. That was mainly the effect of increases in the prices of “Mineral fuels, lubricants and related materials” (+12.2%) and “Machinery and transport equipment” (+6.5%), partly offset by decreases in the prices of “Miscellaneous manufactured articles” (-4.3%) and “Food and live animals” (-2.1%).
 
4.  Compared to the corresponding quarter of 2015, the index went up by 3.2%, mainly as a result of increases in the prices of “Machinery and transport equipment” (+13.3%), “Beverages and tobacco” (+11.8%) and “Mineral fuels, lubricants and related materials” (+7.8%), partly offset by decreases in the prices of “Manufactured goods classified chiefly by material” (-4.5%) and “Miscellaneous manufactured articles” (-4.3%).
 
Terms of Trade Index
5.  The terms of trade index, i.e. the ratio of Export Price Index to Import Price Index, decreased by 2.4 points (-2.0%) from 120.0 in the third quarter of 2016 to 117.6 in the fourth quarter of 2016. Compared to the corresponding quarter of 2015, the terms of trade decreased by 4.5 points (-3.7%).
 
 
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March 2017