Updated
Updated · Bloomberg · May 5
Bank of Mauritius forecasts inflation to hit 5% by year-end
Updated
Updated · Bloomberg · May 5

Bank of Mauritius forecasts inflation to hit 5% by year-end

13 articles · Updated · Bloomberg · May 5
  • Governor Priscilla Muthoora Thakoor said the new projection is above February’s 3.6% forecast and could breach the central bank’s upper target limit.
  • She said the prolonged Middle East conflict is lifting imported inflation in Mauritius by driving up fuel and freight costs.
  • The outlook comes before the monetary policy committee meets on 20 May to decide its interest-rate stance amid rising price pressures.
As global crises push inflation to 5%, is Mauritius facing a painful choice between high prices and high interest rates?
How can Mauritius break its dependence on imports as global conflicts and new green taxes reshape world trade?