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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Statistics by Subject>Export and Import Price Indices 4th Quarter 2013

Export and Import Price Indices 4th Quarter 2013

Highlights 
Export Price Index (EPI)
1.         The Export Price Index for the fourth quarter of 2013 stood at 106.0, representing decreases of 3.7% and 1.3% over the third quarter of 2013 and the fourth quarter of 2012 respectively.
2.         The 3.7% fall over the previous quarter was mainly due to lower prices of “Food and live animals” (-9.5%) and “Manufactured goods classified chiefly by material” (-1.4%).
3.         Compared to price levels in the corresponding quarter of 2012, the index was lower by 1.3%, explained mainly by price decreases in “Food and live animals” (-8.8%), partly offset by an increase in the prices of “Manufactured goods classified chiefly by material” (+16.5%).
Import Price Index (IPI)
1.         The Import Price Index for the fourth quarter of 2013 worked out to 120.7, representing decreases of 3.4% and 4.9% over the third quarter of 2013 and the fourth quarter of 2012 respectively.
2.         The 3.4% decrease compared to the previous quarter was mainly the effect of decreases in the prices of “Food and live animals” (-8.3%), “Mineral fuels, lubricants and related materials” (-3.3%) and “Machinery and transport equipment” (-2.6%).
3.        Compared to the corresponding period of 2012, the index dropped by 4.9%, mainly as a result of decreases in the prices of “Machinery and transport equipment” (-14.5%), “Food and live animals” (-6.8%) and “Mineral fuels, lubricants and related materials” (-4.0%).
Terms of trade
            The terms of trade index (i.e. the ratio of Export Price Index to Import Price Index) was down by 0.3 points from 88.1 during the third quarter of 2013 to 87.8 in the fourth quarter of 2013. Compared to the corresponding period of 2012, the terms of trade rose by 3.3 points, from 84.5 to 87.8.
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March 2014