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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Publications>Export and Import Price Indices - 2nd Quarter 2016

Export and Import Price Indices - 2nd Quarter 2016

 
HIGHLIGHTS
 
Export Price Index (EPI)
1.  The EPI fell by 0.8% from 98.1 in the first quarter of 2016 to 97.3 in the second quarter of 2016, mainly due to a decrease in the prices of Miscellaneous manufactured articles (-2.1%), partly offset by an increase in the prices of “Food and live animals” (+0.7%).
 
2.  Compared to price levels in the corresponding quarter of 2015, the index rose by 0.1%, mainly explained by price increases in “Manufactured goods classified chiefly by material” (+13.4%), partly offset by a decrease in the prices of  “Food and live animals” (-2.4%).
 
Import Price Index (IPI)
 
3.  The IPI increased by 7.2% from 77.4 in the first quarter of 2016 to 83.0 in the second quarter of 2016. That was mainly the effect of increases in the prices of “Mineral fuels, lubricants and related materials” (+23.2%) and “Food and live animals” (+7.9%), partly offset by decreases in the prices of “Manufactured goods classified chiefly by material” (-2.5%) and “Machinery and transport equipment” (-1.3%).
 
4.  Compared to the corresponding period of 2015, the index went down by 6.5%, mainly as a result of decreases in the prices of “Mineral fuels, lubricants and related materials” (-24.8%) and “Manufactured goods classified chiefly by material” (-5.9%), partly offset by an increase in the prices of “Food and live animals” (+8.5%).
 
Terms of Trade Index
5.  The terms of trade index, i.e. the ratio of Export Price Index to Import Price Index, decreased by 9.5 points (-7.5%) from 126.7 in the first quarter of 2016 to 117.2 in the second quarter of 2016. Compared to the corresponding quarter of 2015, the terms of trade rose by 7.7 points (+7.0%).

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September 2016