Monday August 19 2019
Fiji Interest Rate at 0.50 percent


The Reserve Bank of Fiji left its benchmark interest rate unchanged at a record low of 0.5 percent at its July 2019 meeting, saying the current monetary policy was appropriate to support the economy. Policymakers said that the slowdown in consumption spending and investment is consistent with the lower growth forecast for this year. Domestic demand, expanded over the review period, despite at a softer rate supported by higher inward remittances, tourism earnings and private sector credit growth. The Committee noted that the annual inflation rate eased to 2.8 percent in June from 4.6 percent in June last year, and added that it is projected to be around 3.2 percent by the end of the year. Foreign reserves as at the end of June stood at USD 1,974.2 million, sufficient to cover 4.5 months of retained imports. The central bank reiterated that it will continue to closely monitor international and domestic developments and align monetary policy accordingly.





Sunday August 18 2019
Fiji - Credit Rating at 32.50


Standard & Poor's credit rating for Fiji stands at B+ with stable outlook. Moody's credit rating for Fiji was last set at Ba3 with stable outlook.





Thursday August 08 2019
Fiji Food Inflation at 3.20 percent


Cost of food in Fiji increased 2.20 percent in July of 2019 over the same month in the previous year.





Thursday August 08 2019
Fiji CPI Transportation at 96.80 Index Points


The transportation sub-index of the CPI basket in Fiji increased to to 96.80 Index Points in July of 2019 from 95.20 Index Points in June of 2019.





Thursday August 08 2019
Fiji CPI Housing Utilities at 94.60 Index Points


CPI Housing Utilities in Fiji increased to 94.60 Index Points in July from 94.0 Index Points in June of 2019.





Thursday August 08 2019
Fiji Inflation Rate at 0.70 percent


The annual inflation rate in Fiji fell to 0.7 percent in July of 2019 from 2.8 percent in the previous month. This was the lowest inflation rate since January 2016, as prices went up softer for food & non-alcoholic beverages (3.2% vs 7.3% in June); housing & utilities (0.1% vs 0.3%); clothing & footwear (0.8% vs 0.9%); and alcoholic beverages & tobacco (2.1% vs 7.8%). Inflation was steady for restaurant & hotels (at 0.3%); education (at 5.2%). Meantime, cost increased faster for: miscellaneous goods & services increased (0.8% vs 0.2%); furnishings & household equipment (0.8% vs 0.7%) while cost rebounded for both transport (0.3% vs -0.2%) and health (0.8% vs -0.1%). On the other hand cost of communication continued to fall (-15.0% vs -15.2%). On a monthly basis, consumer prices went down 1.6 percent, after decreasing 0.1 percent in the prior month.





Tuesday August 06 2019
Fiji Inflation Rate MoM at -1.60 percent


The Consumer Price Index in Fiji decreased 1.6 percent in July of 2019 over the previous month.





Tuesday August 06 2019
Fiji Consumer Price Index Cpi at 114.40 Index Points


Consumer Price Index Cpi in Fiji decreased to 114.40 Index Points in July from 116.30 Index Points in June of 2019.





Monday July 15 2019
Fiji Producer Prices Change at 1.30 percent


Producer Prices in Fiji increased 1.30 percent in March of 2019 over the same month in the previous year.





Monday July 15 2019
Fiji Producer Prices at 104.10 Index Points


Producer Prices in Fiji increased to 104.10 Index Points in the first quarter of 2019 from 104 Index Points in the fourth quarter of 2018.