The Consumer Price Index (CPI) in Mauritius witnessed a noteworthy decline in December 2024, as the annual rate of inflation fell to 2.90%. This marks a significant decrease from the November 2024 rate, which stood at 3.40%, according to the latest data updated on January 9, 2025.
This year-over-year comparison reflects a slowing pace of inflationary pressures in the Mauritian economy during the month of December 2024 compared to the same period last year. Such a downshift not only indicates eased consumer price rises but also poses potential implications for economic policies and consumers' purchasing power.
Economic analysts monitoring the Mauritian market will likely interpret this decline as a positive indication of currency stabilization and controlled inflation, thus offering some relief to both businesses and consumers. It provides an optimistic outlook for economic strategists aiming to balance growth with price stability in the forthcoming year.
