Inflation Mauritius 2023
Average inflation: 7.1%
Inflation in 2023
Inflation is very high at 7.1%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 11.8%. The lowest inflation was in December at 3.9%.
- Highest month
- January: 11.8%
- Lowest month
- December: 3.9%
- Difference
- 7.9 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 2.1 percentage points higher than the 5-year average of 5.0%.
- 5-year average
- 5%
- 10-year average
- 3.7%
- All-time high (2022)
- 10.8%
- All-time low (2019)
- 0.4%
Trend
Over the period 2021-2023, inflation shows an upward trend. Compared to 2022, inflation has fallen by 3.7 percentage points.
- Change vs. previous year
- -3.7 percentage points
- Largest monthly swing
- December: -8.3 percentage points
ECB Target
Inflation is 5.1 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for MUR 100 this year will cost approximately MUR 107.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 11.8% | +4.4 |
| February | 11.0% | +2.0 |
| March | 9.2% | -1.5 |
| April | 8.3% | -2.7 |
| May | 7.9% | -2.8 |
| June | 7.9% | -1.7 |
| July | 5.9% | -5.1 |
| August | 5.9% | -5.6 |
| September | 5.3% | -6.6 |
| October | 4.6% | -7.3 |
| November | 4.0% | -8.1 |
| December | 3.9% | -8.3 |
| Average | 7.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.