FX.co ★ Mauritius CPI Drops to 3.40% in April 2024

In the latest economic update from Mauritius, the Consumer Price Index (CPI) for the country dropped to 3.40% in April 2024, down from the previous indicator of 4.90% in March 2024. This data, which was updated on 8 May 2024, reflects a year-over-year comparison indicating a decrease in inflation for the country.

The CPI is a key indicator of inflation that measures the average change in prices over time in a fixed basket of goods and services. A decrease in the CPI suggests a slowdown in inflation rates, which can have various implications for the economy, including potential changes in consumer spending patterns, interest rates, and overall economic growth.

As Mauritius continues to monitor and adjust its economic policies in response to changing inflation rates, stakeholders will be closely watching future CPI updates to gauge the impact on the country's economic stability and growth prospects.