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Mauritian economist forecasts inflation of up to 5.6% in 2026

By , based on Defimedia

Mauritian economist forecasts inflation of up to 5.6% in 2026Thierry · CC BY-SA 3.0

Mauritian economist Ishvind Caleechurn estimates that inflation in Mauritius could reach 5.6% in 2026, above official forecasts close to 5%. He links the risk to the depreciation of the rupee, import costs and high oil prices, in an interview with Defi Media.

Inflation in Mauritius could reach 5.6% in 2026, above the official forecast of 5%, economist Ishvind Caleechurn said in an interview published by Defimedia. He attributed this risk to the depreciation of the rupee, rising import costs and the recent acceleration in prices.

Statistics Mauritius, the Bank of Mauritius and SBM Insights maintain a forecast close to 5% for the year as a whole, but Caleechurn considers this assumption increasingly fragile. He puts possible annual inflation in a range of 5.2% to 5.6%, notably because of oil prices above $110, rising transport costs and constraints on agricultural production.

The economist also explained that inflation felt by households can exceed the official consumer price index. This is based on a theoretical average household in which food accounts for 25% of the budget and transport 15%, a weighting that does not necessarily reflect the spending of low-income and middle-class households, according to Defimedia.

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