{"id":18113,"date":"2022-07-15T07:05:06","date_gmt":"2022-07-15T07:05:06","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety"},"modified":"2022-07-15T09:27:59","modified_gmt":"2022-07-15T09:27:59","slug":"soaring-prices-spark-economic-anxiety","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety","title":{"rendered":"Soaring prices spark economic anxiety"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Ways to improve the continent’s food output and deal with soaring world commodity prices will be discussed at the African Development Bank conference in Tunis on Thursday. REUTERS\/Ed Harris (MAURITIUS) Like many island nations, Mauritius imports more than it exports.
\nWith the Covid-19 pandemic and the war in Ukraine disrupting the supply side, the country is juggling the impacts of soaring inflation and an abrupt depreciation of its currency, which are squeezing household budgets and the economy.<\/p>\n

Due to the country\u2019s limited size \u2013 covering only 2,040km2 \u2013 and lack of large-scale economies, Mauritius imports many of its essential food requirements.
\nIndeed, its overall self-sufficiency ratio is less than 30%. According to Statistics Mauritius, total imports in all sectors amounted to Rs215bn ($5bn) in 2021, representing an increase of 29.8% on 2020\u2019s levels. The trade deficit was Rs133bn in 2021, around 39.4% higher than in 2020. The deficit is forecast to reach a record Rs160bn for 2022.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Ways to improve the continent’s food output and deal with soaring world commodity prices will be discussed at the African Development Bank conference in Tunis on Thursday. REUTERS\/Ed Harris (MAURITIUS) Like many island nations, Mauritius imports more than it exports. With the Covid-19 pandemic and the war in Ukraine disrupting the supply […]<\/p>\n","protected":false},"author":84,"featured_media":18112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,245,365,241],"class_list":["post-18113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-economic","tag-mauritius"],"yoast_head":"\nSoaring prices spark economic anxiety - Mauritius<\/title>\n<meta name=\"description\" content=\"Ways to improve the continent's food output and deal with soaring world commodity prices will be discussed at the Africa ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soaring prices spark economic anxiety\" \/>\n<meta property=\"og:description\" content=\"Ways to improve the continent's food output and deal with soaring world commodity prices will be discussed at the Africa ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-15T07:05:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-15T09:27:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/07\/postQueueImg_1-62d132ad935e7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"732\" \/>\n\t<meta property=\"og:image:height\" content=\"419\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Soaring prices spark economic anxiety\",\"datePublished\":\"2022-07-15T07:05:06+00:00\",\"dateModified\":\"2022-07-15T09:27:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\"},\"wordCount\":171,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/07\/postQueueImg_1-62d132ad935e7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Economic\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/soaring-prices-spark-economic-anxiety\",\"name\":\"Soaring prices spark economic anxiety - 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