Annual inflation rate in Fiji edged up to 5.2 percent in July 2022, the highest level since November 2018, from 5.1 percent in June. Main upward pressures largely came from cost of food and non-alcoholic beverages (4.7% vs 3.3% in June), the most in three months; housing & utilities (6.0% vs 5.9%), transport (25.4% vs 22.9%), clothing & footwear (2.8% vs 1.6%), household equipment & routine maintenance (4.4% vs 4.1%), health (4.2% vs 3.8%), and miscellaneous goods & services (2.3% vs 1.2%). By contrast, prices fell for both restaurants & hotels (-2.1% vs -2.8%) and alcoholic beverages & tobacco (-0.6% vs 3.4%). On a monthly basis, consumer prices were flat in July, after falling 0.3% in June. source: Reserve Bank of Fiji

Inflation Rate in Fiji averaged 3.28 percent from 2003 until 2021, reaching an all time high of 10.50 percent in April of 2010 and a record low of -3.50 percent in June of 2020. This page provides - Fiji Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Inflation Rate in Fiji is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Fiji Inflation Rate is projected to trend around 2.30 percent in 2023, according to our econometric models.

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Fiji Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2021-08-03 04:00 AM Jul -0.4% 0.0%
2021-09-09 01:15 AM Aug 0.8% -0.4%


Related Last Previous Unit Reference
Inflation Rate 5.20 5.10 percent Jul 2022
Food Inflation 4.70 3.30 percent Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.10 10.50 -3.50 2003 - 2022 percent Monthly

News Stream
Fiji Inflation Rate at Near 4-Year High of 5.2%
Annual inflation rate in Fiji edged up to 5.2 percent in July 2022, the highest level since November 2018, from 5.1 percent in June. Main upward pressures largely came from cost of food and non-alcoholic beverages (4.7% vs 3.3% in June), the most in three months; housing & utilities (6.0% vs 5.9%), transport (25.4% vs 22.9%), clothing & footwear (2.8% vs 1.6%), household equipment & routine maintenance (4.4% vs 4.1%), health (4.2% vs 3.8%), and miscellaneous goods & services (2.3% vs 1.2%). By contrast, prices fell for both restaurants & hotels (-2.1% vs -2.8%) and alcoholic beverages & tobacco (-0.6% vs 3.4%). On a monthly basis, consumer prices were flat in July, after falling 0.3% in June.
2022-08-04
Fiji Inflation Rate at Near 3-1/2-Year High of 5.1%
Annual inflation rate in Fiji inched up to 5.1 percent in June 2022, the highest level since February 2019, from 5.0 percent in May. Main upward pressures largely came from cost of food and non-alcoholic beverages (3.3% vs 3.6% in May), housing & utilities (5.9% vs 5.8%), transport (22.9% vs 21.6%), clothing & footwear (1.6% vs 1.4%), and household equipment & routine maintenance (4.1% vs 3.5%), health (3.8% vs 3.9%), alcoholic beverages & tobacco (3.4% vs 3.9%), and miscellaneous goods & services (1.2% vs 1.7%). By contrast, prices of restaurants & hotels dropped further (-2.8% vs -2.8%). On a monthly basis, consumer prices fell 0.3 percent in June, the first monthly decline in eight months, reversing from a 1.2% gain in May.
2022-07-08
Fiji Inflation Rate at Over 3-Year Hgh of 5%
Annual inflation rate in Fiji climbed to 5.0 percent in May 2022 from 4.7 percent in April, reaching the highest level since February 2019, boosted by faster rises in prices of housing & utilities (5.8% vs 4.1%), transport (21.6% vs 7.3%), clothing & footwear (1.4% vs 0.9%), and health (3.9% vs 3.6%). Cost continued to increase for food and non-alcoholic beverages (3.6% vs 7.1% in April), alcoholic beverages & tobacco (3.9% vs 5.1%), household equipment & routine maintenance (3.5% vs 3.5%), miscellaneous goods & services (1.7% vs 1.9%). By contrast, prices of restaurants & hotels dropped further (-2.8% vs -2.8%). On a monthly basis, consumer prices were up 1.2 percent in May, after a flat reading in April.
2022-06-07