Macroeconomic Forecast Mauritius

September 2008 | Macroeconomic Forecasts

Inflation rose to 9.5% in August 2008, up from 9.1% in July, and we have revised up our end-08 inflation forecast to 9.0% from 8.5%, and ticked up our average 2008 inflation forecast to 9.0% from 8.8%. We see inflation remaining at a high average 8.5% in 2009 and 2010, as government wage rises feed through the economy.

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