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4

4. INFLATION RATE

The headline inflation rate worked out to 7.0% in year 2023, compared to 10.8% in year 2022 (Table 5).

The headline inflation rate excluding 'Alcoholic beverages and tobacco' worked out to 6.6% in year 2023
compared to 11.0% in year 2022.

5. INTERNATIONAL COMPARISON OF INFLATION RATE

The table below compares the inflation rate (as measured by the percentage change in the average CPI for
a given year relative to the previous year) of Mauritius with those of our main trading partners and some
countries in the region for year 2022. It is to be noted that inflation rates for 2023 for the selected
countries are not yet available.

Inflation rate (%) of selected countries, year 2022

Inflation Inflation
Country Country
rate (%) rate (%)

France 5.9 Australia 6.6

United Kingdom 9.1 United States 8.0

China 1.9 Botswana 12.2

India 6.7 Mauritius 10.8

Japan 2.5 Seychelles 2.7

Singapore 6.1 South Africa 6.9

Source – World Economic Outlook Database, October 2023

Statistics Mauritius
Ministry of Finance, Economic Planning and Development
Port Louis
17 January 2024

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