Between 2017 and 2023, household consumer prices increased by 11% in Reunion (+16% nationally).
Avant 2022, inflation remained relatively contained before accelerating in an international context marked by the outbreak of war in Ukraine, and more broadly by a transformation of global circuits of circulation of goods and services. The price increase amounted to 3,6% on average over the year 2022, a level never reached in thirty years. In 2023, inflation has reduced a little (+3,1 %). In 2022, it is energy that contributes most strongly to the increase in prices in Reunion while in 2023, it was the food. A study carried out in partnership between INSEE and the Price Observatory, margins and income made it possible to identify the audiences most affected by inflation. So, households that spend a larger share of their budget than average on energy and food face higher inflation. In 2022, homeowners are more affected by high inflation, in connection with the greater share of their budget devoted to energy. In 2023, the oldest and poorest suffer higher inflation, due to the larger share of their budget allocated to food expenses. In 2024, inflation has slowed on the island : +2,8% on average over the year in Reunion. For the first time since 2017, Reunionese inflation has become higher than the national annual average (+2 %).
