The annual inflation rate in Fiji rose to 5.1 percent in January of 2019 from 4.9 percent in the previous month. Prices increased faster for: food and non-alcoholic beverages (7.8 pct vs 5.1 pct in December); recreation and culture (0.4 percent vs 0.2 pct); clothing and footwear (0.6 percent vs 0.2 pct); and and alcoholic beverages and tobacco (17.6 pct vs 17.2 pct). In addition, prices of health fell less than in a month earlier (-1.1 pct vs -2.2 pct). Meanwhile, prices went up softer for: housing & utilities (0.4 pct vs 3.6 pct); transport (0.9 pct vs 3.4 pct); restaurants and hotels (0.2 percent vs 0.8 pct); furnishings and household equipment (1.5 pct vs 2.0 pct); and miscellaneous goods and services (0.6 percent vs 0.7 pct).On the other hand, inflation was steady for communication (at 0.1 pct). On a monthly basis, consumer prices went up up 1.2 percent, after increasing 0.1 percent in December. Inflation Rate in Fiji averaged 3.89 percent from 2003 until 2018, reaching an all time high of 10.50 percent in April of 2010 and a record low of -0.30 percent in April of 2009.

Inflation Rate in Fiji is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Fiji to stand at 3.60 in 12 months time. In the long-term, the Fiji Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Fiji Inflation Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-02 04:00 AM Inflation Rate YoY 5.2% 4.6% 4.40%
2018-12-03 03:30 AM Inflation Rate YoY 5.2% 5.2% 4.2%
2019-01-03 05:00 AM Inflation Rate YoY 4.9% 5.2% 4.2%
2019-02-04 02:30 AM Inflation Rate YoY 5.1% 4.9% 4.7%
2019-03-06 03:00 AM Inflation Rate YoY 5.1%
2019-04-04 01:20 AM Inflation Rate YoY 3.7%
2019-05-03 03:00 AM Inflation Rate YoY


Fiji Prices Last Previous Highest Lowest Unit
Inflation Rate 5.10 4.90 10.50 -0.30 percent [+]
Inflation Rate Mom 1.20 0.10 2.30 -1.80 percent [+]
Consumer Price Index Cpi 124.10 122.60 124.10 105.52 Index Points [+]
Food Inflation 7.80 5.10 16.50 -6.20 percent [+]
CPI Housing Utilities 97.30 98.00 103.56 91.90 Index Points [+]
CPI Transportation 101.60 102.80 106.20 96.90 Index Points [+]
Producer Prices 103.70 103.50 113.20 99.40 Index Points [+]
Producer Prices Change 1.50 1.40 2.50 -0.70 percent [+]


Fiji Inflation Rate

In Fiji, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (28.3 percent of total weight). Transport accounts for 14.5 percent; Housing and Utilities for 11.7 percent; Education for 10.2 percent; Alcoholic beverages and Tobacco for 7.7 percent and Miscellaneous Goods and Services for 7.7 percent. Furniture, Household Goods and Maintenance; Communication; Recreation and Culture; Restaurants and Hotels; Clothing and Footwear and Health account for the remaining 19.9 percent of total weight. This page provides - Fiji Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 4.90 10.50 -0.30 2003 - 2019 percent Monthly




Country Last Previous
Argentina 48.90 Jan/19
Australia 1.80 Dec/18
Brazil 3.78 Jan/19
Canada 2.00 Dec/18
China 1.70 Jan/19
Euro Area 1.40 Jan/19
France 1.20 Jan/19
Germany 1.40 Jan/19
India 2.05 Jan/19
Indonesia 2.82 Jan/19
Italy 0.90 Jan/19
Japan 0.30 Dec/18
Mexico 4.37 Jan/19
Netherlands 2.20 Jan/19
Russia 5.00 Jan/19
Saudi Arabia 2.20 Dec/18
Singapore 0.50 Dec/18
South Africa 4.50 Dec/18
South Korea 0.80 Jan/19
Spain 1.00 Jan/19
Switzerland 0.60 Jan/19
Turkey 20.35 Jan/19
United Kingdom 1.80 Jan/19
United States 1.60 Jan/19


Related

Latest