Fiji Inflation Hits Highest Since 2011

Fiji's annual inflation accelerated to 7.6% in August 2026 from 5.7% in July, the highest inflation rate since December 2011, as food inflation accelerated to 9.5%, the highest since April 2024. Inflation also accelerated for housing (7.0% vs 6.1% in July) and miscellaneous goods and services (3.6% vs 2.7%), while rebounding for clothing and footwear (1.2% vs -0.3%) and furnishings, household equipment, and routine household maintenance (0.6% vs -0.6%). Meanwhile, inflation moderated for alcoholic beverages and tobacco (13.3% vs 14.3%), while remaining steady for transport prices (at 11.7%) and education (at 0.4%). Additionally, recreation and culture prices fell at a much softer pace (-0.7% vs -2.4%). On a monthly basis, the CPI edged down 0.1% in August, following a 1.1% drop in July, marking the second straight monthly decline.

Fiji's annual inflation slowed to 5.7% in July 2026 from 6.1% in June, which was the fastest pace in nearly three years, due to significantly lower fuel prices amid declining international prices. The deceleration was mainly driven by a softer rise in transport prices (11.7% vs 19.3% in June). Inflation also moderated for housing (6.1% vs 7.2%), alcoholic beverages and tobacco (14.3% vs 14.6%), and miscellaneous goods and services (2.7% vs 3.4%), while remaining steady for education (0.4%). Meanwhile, food inflation accelerated to 4.1%, the highest since October 2024. By contrast, prices fell for clothing and footwear (-0.3% vs 0.1%), recreation and culture (-2.4% vs -3.0%), and furnishings, household equipment, and routine household maintenance (-0.6% vs -0.2%). On a monthly basis, the CPI fell 1.1% in July, reversing a 2.8% rise in June and marking the first monthly decline in six months.

Fiji's annual inflation accelerated to 3.9% in May 2026 from 1.8% in April, marking the highest rate since July 2024, boosted by higher fuel prices amid rising oil prices. The acceleration was mainly driven by a sharp rise in transport prices (7.5% vs 1.1% in April), the highest since July 2024. Food inflation accelerated to 3.0%, the highest since January 2025, while housing prices rebounded (1.5% vs -0.8%), recording the fastest increase since September 2024. Meanwhile, inflation moderated in both alcoholic beverages and tobacco (12.5% vs 12.9%) and miscellaneous goods and services (2.9% vs 3.2%), while remaining steady for education (at 0.4%). By contrast, prices continued to fall for clothing and footwear (-1.2% vs -1.2%), recreation and culture (-2.8% vs -3.2%), and furnishings, household equipment, and routine household maintenance (-1.1% vs -1.0%). Monthly, CPI climbed 1.6% in May, easing from a 2.1% gain in April, which had marked the fastest increase since August 2023.