CONSUMER PRICE INDEX - 2nd Quarter 2023
Highlights
1. The Consumer Price Index, which stood at 131.1 in March 2023, registered a net increase of 0.6 point (or +0.5%) to reach 131.7 in June 2023.
2. The main contributors for the net increase in CPI from March 2023 to June 2023 were:
-
- higher prices of fish (+0.1 point), meat (+0.1 point) and some other food products (+0.1 point);
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- higher prices of cigarettes (+0.4 point), beer and stout (+0.3 point), rum and other cane spirits (+0.2 point) and, whisky (+0.1 point);
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- higher expenditure in bar (+0.1 point) and higher prices of prepared foods (+0.1 point) and goods for personal care (+0.1 point);
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- higher prices of some other goods and services (+0.2 point);
partly offset by; -
- lower prices of vegetables (-0.6 point), gasolene (-0.5 point) and lower interest rates on housing loan (-0.1 point).
3. The headline inflation rate for the twelve months ending June 2023 worked out to 10.5%, compared to 8.0% for the twelve months ending June 2022.
4. The headline inflation rate excluding “Alcoholic beverages and tobacco" for the twelve months ending June 2023 worked out to 10.5%, compared to 7.7% for the twelve months ending June 2022.
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
14 July 2023
