The annual inflation rate in Mauritius eased to 0.6 percent in June 2019 from 0.8 percent in the prior month. Prices rose at a slower pace for furnishings (1.2 percent vs 1.5 percent in May); health (1.9 percent vs 2.0 percent) and fell for transport (-3.3 percent vs -0.6 percent) and housing & utilities (-0.1 percent vs 0.2 percent). On the other hand, cost advanced faster for food & non-alcoholic beverages (2 percent vs 1.4 percent); alcoholic beverages & tobacco (1.2 percent vs 1.0 percent); clothing & footwear (3.3 percent vs 3.0 percent); restaurants & hotels (3.1 percent vs 2.6 percent); recreation & culture (1.2 percent vs 0.8 percent) and miscellaneous goods & services (1.7 percent vs 0.5 percent). On a monthly basis, consumer prices decreased 0.9 percent, after being unchanged in the previous month. Inflation Rate in Mauritius averaged 5.99 percent from 1988 until 2019, reaching an all time high of 18.10 percent in April of 1989 and a record low of -1.40 percent in March of 2019.
Inflation Rate in Mauritius is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mauritius to stand at 1.60 in 12 months time. In the long-term, the Mauritius Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.