A
new report on the inflation rate for Mauritius released by the
StatsMauritius, the country’s agency for statistics, indicates that the
inflation rate in August was 0.9%. According to the report “The headline
inflation rate for the twelve months ending August 2018 works out to 3.7%,
compared to 3.0% for the twelve months ending August 2017. The year-on-year
inflation rate for August 2018, as measured by the change in the CPI for August
2018 relative to August 2017 works out to 0.9%.”
The
report adds that vegetables, traders’ rice and air tickets contributed to the
rate significantly between July and August within the index approach. Between
July and August, vegetables contribution was -0.4 while air tickets and traders’
rice made contributions of -0.2 and -0.1 respectively.
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