Showing posts with label Mauritius Inflation continues to rise maurice economy news business cost climate budget fee deflation vat tax minister today bank of bom report hotel financial 2012 2013. Show all posts
Showing posts with label Mauritius Inflation continues to rise maurice economy news business cost climate budget fee deflation vat tax minister today bank of bom report hotel financial 2012 2013. Show all posts

Wednesday, November 2, 2011

Mauritius inflation continues to rise

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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.