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Consumer Confidence Survey (Oct 2021) – Consumer Confidence Is On The Rise

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The Mauritian Consumer Confidence Index in October 2021 rebounds by 14 points compared to the July 2021 index. This rebound measures the importance of the impact of open borders for the Mauritian economy.

Consumer Confidence is measured by Kantar (Indian Ocean) via an index composed of different measures that are detailed in the report. These measures are identical since 2010.

This rise in the confidence index comes in a health context that is not very favourable: Mauritians have a more negative perception of the management of the health crisis by the authorities: only 41% are satisfied compared to 73% six months earlier.

Consumer Confidence Index

Despite this concern, the opinion of Mauritian consumers on the future of Mauritius shows an improvement with an increase of 8% of optimists (30%). Also, the analysis of the perception of the future economic situation is aligned with the analysis of the general situation: indeed, if the perception remains divided, there are now clearly more optimists: 38% against 23% during the last survey in July 2021.

The increase mainly concerns the outlook for the future. Thus, the index that summarizes the perception of the future (of the economy, employment and income) has risen sharply (+20 points) compared to July 2021.

On the other hand, of the various indices that make up the overall confidence index, it is the purchasing outlook index that remains the most affected and still the lowest. This index has nevertheless risen slightly compared to July 2021.

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