Wage Rate Index – Second Quarter 2023
Highlights
(Base: fourth quarter 2021=100)
1. The Wage Rate Index increased by 0.5% or 0.5 point to reach 111.2 in second quarter 2023 from 110.7 in first quarter 2023. Compared to second quarter 2022, the index increased by 7.2% or 7.5 points.
2. Main changes registered in the sub-indices from first quarter 2023 to second quarter 2023 are:
Wholesale and retail trade; repair of motor vehicles and motorcycles +3.7%
Electricity, gas, steam and air conditioning
supply
+2.8%
Construction
+1.6%
Accommodation and food service activities
+1.4%
Manufacturing +1.2%
Public administration and defence; compulsory social security -0.5%
Financial and insurance activities
-0.5%
Human health and social work activities
-0.3%
3. The Wage Rate Index for the General Government sector, which accounts for around 34% of the total weight of the Wage Rate Index, decreased by 0.4% or 0.4 point from 107.7 in first quarter 2023 to 107.3 in second quarter 2023. Compared to second quarter 2022, an increase of 4.1% or 4.2 points is noted.
4. The index for the public sector, which comprises General Government and public enterprises and accounting for around 46% of the total weight of the Wage Rate Index, decreased by 0.1% or 0.1 point from 108.8 in first quarter 2023 to 108.7 in second quarter 2023. Compared to second quarter 2022, the index increased by 5.1% or 5.3 points.
5. The index for the private sector, which accounts for around 54% of the total weight of the Wage Rate Index, increased by 1.1% or 1.2 points from 112.5 in first quarter 2023 to 113.7 in second quarter 2023. Compared to second quarter 2022, it increased by 9.1% or 9.5 points.
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
25 September 2023
