On February 11, 2026, the Central Bank of Mauritius unanimously decided, for the fourth consecutive meeting, to maintain its key repo rate at 4.5%. The Monetary Policy Committee judged that a cautious, wait-and-see stance remains appropriate, highlighting the importance of anchoring medium-term inflation expectations amid ongoing global and domestic uncertainties.
The Bank noted that headline inflation inched up to 3.8% in January 2026 from 3.7% in December. For 2026 as a whole, inflation is projected to average 3.6%, remaining within the 2–5% target band and close to the medium-term objective of 3.5%.
On the real economy side, domestic activity continues to be driven primarily by the services sector, particularly tourism and financial services. In addition, the implementation of pending infrastructure projects is expected to support construction and overall investment. Real GDP growth is forecast at 3.3% in 2026, with the possibility of rising to around 3.5% should key capital projects gather momentum and the African Growth and Opportunity Act be renewed.
