Mauritius - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Mauritius was 138.64 as of 2021. As the graph below shows, over the past 58 years this indicator reached a maximum value of 138.64 in 2021 and a minimum value of 2.91 in 1963.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1963 2.91
1964 2.97
1965 3.02
1966 3.10
1967 3.16
1968 3.38
1969 3.45
1970 3.51
1971 3.52
1972 3.71
1973 4.21
1974 5.43
1975 6.23
1976 7.04
1977 7.68
1978 8.34
1979 9.55
1980 13.56
1981 15.52
1982 17.29
1983 18.26
1984 19.61
1985 20.92
1986 21.26
1987 21.37
1988 23.33
1989 26.28
1990 29.83
1991 31.92
1992 33.40
1993 36.91
1994 39.62
1995 42.01
1996 44.76
1997 47.82
1998 51.07
1999 54.60
2000 56.89
2001 59.96
2002 63.81
2003 66.31
2004 69.43
2005 72.86
2006 79.36
2007 86.36
2008 94.77
2009 97.15
2010 100.00
2011 106.52
2012 110.63
2013 114.55
2014 118.23
2015 119.75
2016 120.92
2017 125.36
2018 129.39
2019 129.91
2020 133.27
2021 138.64

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices