Business
Year-on-year inflation rockets from 2.7% to 6.8%
The Consumer Price Index (CPI) increased by 0.2 point or 0.2% from 113.1 in November 2021 to 113.3 in December 2021.
The main contributors to the change in the index between November 2021 and December 2021 were:
Commodity | Change in index point |
Vegetables | +0.3 |
Fruits | -0.1 |
Meat | +0.1 |
Culinary herbs | +0.1 |
Other food products | -0.2 |
Washing materials and softners | -0.1 |
Air tickets | +0.1 |
Gasolene | +0.1 |
Goods for personal care | -0.1 |
Total | +0.2 |
Year-on-year (Y-o-y) inflation worked out to 6.8% in December 2021, compared to 2.7% in December 2020, Statistics Mauritius has reported.
Headline inflation for the 12-months ending December 2021 worked out to 4.0%, compared to 2.5% for the 12-months ending December 2020.
Y-o-y CORE1 inflation stood at 5.1% in December 2021, compared to 2.6% in December 2020 while, y-o-y CORE2 inflation worked out to 5.1% in December 2021, compared to 3.7% in December 2020.
CORE1 inflation for the 12-months ending December 2021 stood at 3.9%, compared to 1.8% in December 2020. Similarly, CORE2 inflation for the 12-months ending December 2021 worked out to 4.5%, compared to 3.0% in December 2020.