Thursday, the Mauritius Central Statistical Office announced that the export price index rose 2.3% sequentially in the fourth quarter. The increase was mainly due to rise in prices of miscellaneous manufactured articles by 1.8% and food and live animals by 3%.

On an annual basis, export prices declined 2.6% in the fourth quarter.

Meanwhile, import prices dropped 8.6% sequentially in the fourth quarter and it was up 5.5% compared to the previous year.

During the period, the terms of trade index increased by 8 percentage points to 75.

In 2008, exports value in nominal terms dropped 7% to Rs. 46.72 million, while total imports excluding aircraft and transactions of the Freeport increased 10% to Rs. 132.56 million.

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