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Statistics Mauritius (under the aegis of the Ministry of Finance, Economic Planning and Development)
Statistics Mauritius>Publications>Export and Import Price Indices - 4th Quarter 2017

Export and Import Price Indices - 4th Quarter 2017

 

Highlights
 
Export Price Index (EPI)
1.    The EPI fell by 3.6% from 102.7 in the third quarter of 2017 to 99.0 in the fourth quarter, mainly due to a decrease in the prices of “Food and live animals” (-11.1%), partly offset by an increase in the prices of “Articles of apparel and clothing accessories” (+3.9%).
 
2.    Compared to price levels in the corresponding quarter of 2016, the index remained unchanged at 99.0.
 
Import Price Index (IPI)
 
3.    The IPI rose by 5.4% from 86.5 in the third quarter of 2017 to 91.2 in the fourth quarter. That was mainly the effect of increases in the prices of “Mineral fuels, lubricants and related materials” (+13.4%), “Beverages and Tobacco” (+10.5%) and “Food and Live animals” (+3.0%), partly offset by a decrease in the prices of “Miscellaneous manufactured articles”      (-2.7%).
 
4.    Compared to the corresponding quarter of 2016, the index went up by 8.3%, mainly as a result of increases in the prices of “Food and live animals” (+17.7%), “Beverages and Tobacco” (+16.8%) and “Mineral fuels, lubricants and related materials” (+12.7%), partly offset by decreases in the prices of “Machinery and transport equipment” (-4.5%) and “Manufactured goods classified chiefly by material” (-2.2%).
 
Terms of Trade Index

5.    The terms of trade index, i.e. the ratio of Export Price Index to Import Price Index, decreased by 10.1 points (-8.5%) from 118.7 in the third quarter of 2017 to 108.6 in the fourth quarter. Compared to the corresponding quarter of 2016, the terms of trade decreased by 9.0 points      (-7.7%). 

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March 2018