Wage Rate Index – 2nd Quarter 2024
Highlights
(Base: fourth quarter 2021=100)
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1. The wage rate index increased by 0.3% or 0.4 point to reach 123.9 in second quarter 2024 from 123.5 in first quarter 2024. Compared to second quarter 2023, the index increased by 11.5% or 12.8 points.
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2. Main changes registered in the sub-indices from first quarter 2024 to second quarter 2024 are:
Construction +2.7%
Manufacturing
+1.6%
Accommodation and food service activities
+1.3%
Public administration and defence; compulsory social security
-0.6%
Education
-0.5%
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 0.6% or 0.7 points from 115.8 in first quarter 2024 to 115.1 in second quarter 2024. Compared to second quarter 2023, an increase of 7.4% or 7.9 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 0.3% or 0.4 point from 117.5 in first quarter 2024 to 117.1 in second quarter 2024. Compared to second quarter 2023, the index increased by 7.8% or 8.5 points.
5. The index for the private sector, which accounts for around 54% of the total weight of the wage rate index, increased by 0.7% or 0.9 point from 128.4 in first quarter 2024 to 129.3 in second quarter 2024. Compared to second quarter 2023, it increased by 14.0% or 15.9 points.
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
25 September 2024
