The rise in consumer prices for the month of April 2022 in Reunion is 0.7%. It affects all consumption sectors but is less strong than in March, as indicated by INSEE in the following press release:
By NP – Published on Monday, May 23, 2022 at 10:59
In April 2022, consumer prices increased by 0.7% in Réunion. The rise in prices continues to affect all consumer sectors, but is half as strong as in March. The prices of petroleum products continue to rise, as do those of services, food and manufactured goods.
Over one year, prices increased by 3.2% in Reunion. The sharp rise in the price of petroleum products continues. It is always accompanied by that of food products which is accelerating. In France excluding Mayotte, prices increased more sharply over one year in April (+4.8%) than in Reunion, and more than in March (+4.5%).
Food prices rose in April, but less than over the last two months: +0.8% after +2.7% in March and +2.4% in February. The prices of fresh produce increased by 1.2% after the surge of the previous two months in connection with the bad weather which followed the passage of cyclones Batsirai and Emnati. With +0.7% in April, the rise in the prices of other food products continued for the fifth consecutive month. Prices are rising particularly for margarine, butter, edible oils, yoghurts and dried or smoked fish.
With +0.5% in April, the prices of services increased for the second consecutive month. The prices of services communications increased by 1.0%. The rise in the price of “other services” also continued (+0.9%), driven by the increase in insurance rates and vehicle maintenance costs. Conversely, transport prices fell by 0.3%, driven by air transport prices in low season. Prices for healthcare services also fell (-0.1%), while those for rents and related services remained stable.
The prices ofenergy continue to increase: + 2.5% in April after + 4.5% in March. These prices are driven exclusively by the rise in the prices of petroleum products (+3.4%) against a backdrop of international tensions. The rise in the price of gas cylinders (+9.3%) is much greater than for fuels, the rise in prices of which is temporarily mitigated by exceptional state aid.
The prices of manufactures increased by 0.6% after +1.1% in March. This increase is linked on the one hand to that of clothing prices which continued (+ 1.1%) after the sales in February, but in a significantly attenuated way compared to the previous month (+ 4.2%) and on the other hand, to that of the prices of “other manufactured products” (+0.6%). The increases are notable for household linen, mobile phones, articles and appliances for personal care, as well as for large garden tools. On the other hand, the prices of the products of health fell by 0.2%.
Over one year, in Reunion, prices increased by 3.2% (Figure 3 and Figure 4). This is less than in France excluding Mayotte (+4.8%), where the rise in prices intensified in April, driven by the higher rise than in Réunion in the prices of petroleum products, services and manufactured goods to a lesser extent.
In Reunion, energy prices continued to rise at a sustained pace (+20.3% year on year in April, after +20.1% in March and +18.0% in February), under the effect of the rise in the price of petroleum products. Food prices accelerated (+6.1% after +5.4% in March): they were driven by the increase in the prices of fresh products (+41.1%) and other food products, the increase in which confirmed: + 3.2% in April after + 2.3% in March and + 1.0% in February. The rise in manufactured products also continued (+2.1% after +2.3% in March), due to the rise in prices for “other manufactured products”, and clothing to a lesser extent.
The prices of services are also increasing, even if the annual increase (+0.9%) is less marked than for the other consumption items. They are still driven by the rise in transport prices – in particular air – and by that of “other services”.
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