Consumer Price Index Second Quarter 2016

Consumer Price Index Second Quarter 2016

Source Statistics Mauritius:

The Consumer Price Index, which stood at 111.1 in March 2016, registered a net decrease of  2.7 points (or 2.4%) to reach 108.4 in June 2016.

 

The main reasons for the net decrease in the CPI from March to June 2016 were:

-            Lower prices of vegetables, traders’ rice and some other food products;

-            Lower prices of some other goods and services;

partly offset by

-            Higher prices of fish and meat;

-            Higher prices of furniture;

-            Higher prices of air tickets and motor vehicles.

 

 

The headline inflation rate for the twelve months ending June 2016 works out to 0.9%, compared to 1.7% for the twelve months ending June 2015.

 

 

The headline inflation rate excluding “Alcoholic beverages and tobacco” for the twelve months ending June 2016 works out to 0.6% compared to 1.7% for the twelve months ending June 2015.

 

 

 

No Comments Yet.

Leave a comment