Wednesday, November 2, 2011

Mauritius inflation continues to rise

Inflation continues to rise. It reached a rate of 5.1% in June 2011. The ' year-on-year inflation ' has risen from 7.2% in March to 6.6% in June 2011. This is indicated by the Bank of Mauritius (BoM) in the seventh edition of the " Inflation Report "published this week.Commenting on the local economic situation, the BoM noted a growth in several sectors in the first half of 2011 (manufacturing, real estate, financial sector, transport, hotels) except in the construction is declining for two consecutive quarters.

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