Consumer Price Index - 1st Quarter 2023
Highlights
1. The Consumer Price Index, which stood at 127.1 in December 2022, registered a net increase of 4.0 points (or +3.2%) to reach 131.1 in March 2023.
2. The main contributors for the net increase in CPI from December 2022 to March 2023 were:
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higher prices of vegetables (+1.3 points), culinary herbs (+0.1 point), fish (+0.1 point), meat (+0.1 point), fruits (+0.1 point) and other food products (+0.3 point), partly offset by lower prices of powdered milk (-0.1 point) and cooking oil (-0.1 point); |
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higher prices of cigarettes (+0.2 point), whisky (+0.1 point) and, beer and stout (+0.1 point); |
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higher electricity rates (+0.5 point), higher workman's wages (+0.1 point) and higher interest rates on housing loan (+0.1 point); |
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higher charges for domestic services (+0.1 point) and higher prices of furniture (+0.1 point); |
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higher doctors' fees (+0.2 point); |
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higher prices of motor vehicles (+0.1 point); |
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higher university fees in private institutions (+0.1 point);
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3. The headline inflation rate for the twelve months ending March 2023 worked out to 11.1%, compared to 6.0% for the twelve months ending March 2022.
4. The headline inflation rate excluding “Alcoholic beverages and tobacco" for the twelve months ending March 2023 worked out to 11.4%, compared to 5.7% for the twelve months ending March 2022.
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
14 April 2023
