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Mauritius sees 2007

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Mauritius sees 2007

by Guardian Unlimited

Mauritius is expecting 8.8 percent annual inflation for calendar year 2007, easing from 8.9 percent in 2006, the Central Statistics Office (CSO) said.

"On the basis of trends in previous years and recent price changes, the inflation rate for calendar year 2007 is estimated at around 8.8 percent," CSO said in a statement, seen by Reuters on Monday.

"The inflation rate for calendar year 2006 was 8.9 percent and that for financial year 2006/07 was 10.7 percent," it added.

The financial year runs from the beginning of July to the end of June.

Electricity charges and higher food prices were the main causes of inflation between July and September, the CSO added. (Reporting by Ed Harris; Editing by Neil Fullick



 
 
 
 
 
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