The growth of consumer prices for the month of April 2022 in Reunion is 0.7%. This affects all consumption sectors, but less strongly than in March, as indicated by INSEE in the following press release:
Posted by NP on Monday, May 23, 2022 at 10:59 AM.
In April 2022, Réunion consumer prices rose by 0.7%. The rise in prices continues to affect all consumer sectors, but twice as weakly as in March. The prices of petroleum products continue to rise, as do the prices of services, food and manufactured goods.
Over the year, prices in Reunion rose by 3.2%. The sharp rise in prices for petroleum products continues. This is always accompanied by food being accelerated. In France, with the exception of Mayotte, prices rose more sharply year-on-year in April (+4.8%) than in Réunion and more than in March (+4.5%).
Food prices rose in April, but less than in the last two months: +0.8% after +2.7% in March and +2.4% in February. Fresh food prices rose 1.2% after a surge in the previous two months due to bad weather following the passage of cyclones Batsirai and Emnati. The increase in prices for other food products, which amounted to +0.7% in April, continues for the fifth month in a row. The prices of margarine, butter, edible oils, yoghurts and dried or smoked fish are especially rising.
At +0.5% in April, service prices rose for the second month in a row. Prices Services communications increased by 1.0%. The rise in prices for “other services” also continued (+0.9%), due to an increase in insurance rates and car maintenance costs. Conversely, transport prices fell 0.3% due to low-season air travel prices. Prices for medical services also decreased (-0.1%), while prices for rent and related services remained stable.
Pricesenergy continue to grow: +2.5% in April after +4.5% in March. These prices are driven solely by rising prices for petroleum products (+3.4%) amid international tensions. The rise in prices for gas bottles (+9.3%) is much higher than for fuel, the rise in prices for which is temporarily offset by exceptional government assistance.
Prices produces rose by 0.6% after +1.1% in March. This growth is connected, on the one hand, with the increase in clothing prices, which continued (+ 1.1%) after the sales in February, but slowed down significantly compared to the previous month (+ 4.2%), and on the other hand, with rising prices for clothing. prices for “other manufactured goods” (+0.6%). Growth is visible on household linens, mobile phones, personal care items and fixtures, and large garden tools. On the other hand, product prices health fell by 0.2%.
Over the year, prices in Réunion rose by 3.2% (Figure 3 and Figure 4). This is less than in France, excluding Mayotte (+4.8%), where price growth in April intensified due to a sharper increase in prices for petroleum products, services and, to a lesser extent, industrial goods than in Reunion.
In Réunion, energy prices continued to rise at a robust pace (+20.3% yoy in April after +20.1% in March and +18.0% in February), driven by higher prices for petroleum products. Food prices accelerated (+6.1% after +5.4% in March): they were driven by rising prices for fresh produce (+41.1%) and other food products, the growth of which confirmed: +3.2% in April after +2.3% in March and +1.0% in February. Growth also continued in the manufacturing industry (+2.1% after +2.3% in March), due to higher prices for “other manufactured goods” and, to a lesser extent, clothing.
Prices for services are also rising, although the annual increase (+0.9%) is less noticeable than for other commodities. They continue to be driven by rising prices for transport, in particular air travel, and for “other services.”
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