Competition Commission: The price of basic necessities controlled to maintain competitive conditions in Mauritius

The objective of this exercise is to investigate the amount and causes of price increases of certain essential items for consumers.

This first PMR examines price developments for edible oils, powdered milk, processed cheese and poultry. These four products were chosen because of their importance for consumers and in terms of household expenditure.

It should be noted that the PMR identifies the main variables that have contributed to the increase in costs. The rise in food prices is attributed to disruptions in the global supply chain caused by the Covid-19 epidemic, the Russian-Ukrainian war and bad weather conditions.

While supply conditions have started to stabilize and prices have started to fall globally, the impact of this transformation has yet to be fully seen locally. This can be explained by factors such as rising import costs and increased local spending.