According to the latest report of Statistics Mauritius, inflation rate has increased to 11.50 % in August from 11 % in July 2022. On a Year-on-Year (Y-o-Y) basis, inflation has worked out to 11.5% in August 2022 as compared to 6.0% in August 2021. Inflation for the 12-months ending August 2022 has worked out to 8.8% as compared to 3.0% for the 12-months ending August 2021.
The Consumer Price Index (CPI) increased by 0.4 point or 0.3% from 124.0 in July 2022 to 124.4 in August 2022. In Mauritius, the main components of the Consumer Price Index are: Food and Non-Alcoholic Beverages (24.8 % of the total weight); Transport (14.7 %); Housing, Water, Electricity and Other Fuels (11.2 %) and Alcoholic Beverages & Tobacco (11 %). Others include Furniture and Household Equipment (5.9 %); Restaurants & Hotels (5.4 %); Miscellaneous Goods & Services (5.0 %); Education (5 %); Clothing & Footwear (4.6 %); Communication (4.4 %); Recreation & Culture (4.2 %) and Health (3.8 %).
CORE2 inflation has worked out to 8.3% in August 2022 as compared to 4.3% in August 2021. CORE2 excludes food, beverages and tobacco, mortgage interests on housing loan, electricity, gas, other fuels and items whose prices are controlled from headline inflation.
Detailed CPI series are available at the website of Statistics Mauritius: https://statsmauritius.govmu.org/Pages/Statistics/By_Subject/CPI/SB_CPI.aspx
