Mauritian Economy - AXYS Group ~ Mauritius

Mauritian Economy Outlook 2013 Bhavik Desai AXYS Stockbroking Ltd, Bowen Square, Dr Ferri re Street, Port-Louis | BRN C07007947 Apr-13 Tel (230) 213 3475 | Fax (230) 213 3478 | Email | Executive Summary Equilibrium Hangs on a Thin Line The diversification strategy which had been adopted for Mauritius has shown both its strengths and limits during the recent storm. In 2009, booming construction offset contractions in both Tourism and Exports; by contrast in 2012, Finance and Manufacturing kept the Economy growing when construction contracted and tourism stagnated. However, on the flip side, the concentration of exports of both goods and services towards European markets has impaired the Economy as a whole. A depressed Europe has led to tepid growth rates; which is why we believe a diversification of export markets towards Africa and Asia is an imperative to renew with robust growth.

First, Statistics Mauritius (SM) changed its classification of economic activities from the National Standard of Industrial Classification (NSIC) Revision 1 to NSIC Revision 2.

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