Mayotte consumer prices rise in August

Consumer prices in Mayotte rose by 0.4% in August following a slight decline in July, according to data from Insee. On an annual basis, inflation in the territory stands at 2%, which remains lower than the national French average of 2.4%.

Key drivers of the monthly increase include services, which rose by 0.8%, and transportation, which climbed 3.9% due largely to an 8.2% surge in airfares. Energy costs also increased by 0.9% in August, driven by a 3.9% rise in electricity prices. While gas bottle prices fell by 2.50 euros, diesel and supercarfuel saw slight increases.

In contrast, food prices experienced a slight monthly decrease of 0.2%, primarily due to a 1.7% drop in fresh produce. However, food costs remain 1.6% higher than the previous year, with fresh products specifically seeing a 4.1% annual increase. Food accounts for 26% of household consumption in Mayotte.