CONSUMER PRICE INDEX - April to June 2024
Highlights
1. The Consumer Price Index, which stood at 103.2 in April 2024, registered a net decrease of 0.6 point (or -0.6%) to reach 102.6 in June 2024.
2. The main reasons for the net decrease in the CPI from April to June 2024
were:
-
lower prices of vegetables (-0.6 point), cigarettes (-0.1 point) and cooking gas (-0.1 point) and;
-
- lower interest rates on housing loan (-0.1 point);
partly mitigated by
-
- higher prices of other food products (+0.1 point) and, other goods and services (+0.2 point).
3. The headline inflation rate for the twelve months ending June 2024 works out to 4.5%, compared to 10.5% for the twelve months ending June 2023.
4. The headline inflation rate excluding “Alcoholic beverages and tobacco" for the twelve months ending June 2024 works out to 4.1% compared to 10.5% for the twelve months ending June 2023.
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
12 July 2024
