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.