Statistics Mauritius its National accounts estimates (NAE) yesterday, including sectoral growth rates and GDP growth forecast.
The institution reviewed its growth forecast from 5.4% earlier this year to 4.8%. The reviewed forecast reflects the uncertainties of the potential impact of the Omicron variant on the economy.
Statistics Mauritius 3rd Quarterly National Accounts 2021 also show a slower economic recovery process than the 2nd quarter.
Investment in the 3rd quarter increased by 4.4% after the 121.3% increase observed in the 2nd quarter. Building and Construction (+5.8%) and Machinery and Equipment (+1.6%) remained the principal investment recipients.
Exports of goods and services also showed the same pattern, growing by 5.1% compared to 25.4% in the 2nd quarter. Exports of goods (+10%) have recovered faster.
