Consumer prices in Fiji increased 0.8 percent year on year in August 2021, after declining 0.4 percent in the previous month. It was the first time increase in consumer prices since February, due mainly to a faster rise in prices of both food and non-alcoholic beverages (7.1% vs 5.4% in July) and housing & utilities (4.2% vs 3.0 %). Upward pressure also came from: transport (5.2% vs 5.7%), health (1.1% vs 1.6%), miscellaneous goods & services (0.2% vs 0.5%), and restaurants & hotels (0.3% vs 0.3%). Downward pressure came from: clothing & footwear (-3.5 vs -2.9%), furnishing, household equipment & routine maintenance (-0.5% vs -0.8%), and alcoholic beverages & tobacco (-12.1% vs -15.0%). On a monthly basis, consumer prices rose by 0.4 percent in August, rebounding from a 0.1 percent drop in July. 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 September of 2021.

Inflation Rate in Fiji is expected to be 1.40 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 1.80 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Fiji Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 -0.40 10.50 -3.50 2003 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 01:10 AM May -1.6% -2.4%
2021-07-07 04:00 AM Jun 0.0% -1.6%
2021-08-03 04:00 AM Jul -0.4% 0.0%
2021-09-09 01:15 AM Aug 0.8% -0.4%
2021-10-05 02:00 AM Sep 0.8%
2021-11-04 01:15 AM Oct
2021-12-04 03:00 AM Nov


News Stream
Fiji Consumer Prices Rise for 1st Time in 6 Months
Consumer prices in Fiji increased 0.8 percent year on year in August 2021, recovering from a 0.4 percent fall in the previous month. It was the first time increase in consumer prices since February. On a monthly basis, consumer prices rose by 0.4 percent in August, rebounding from a 0.1 percent drop in July.
2021-09-09
Fiji Consumer Prices Fall 0.4% YoY in July
Consumer prices in Fiji dropped 0.4 percent year on year in July 2021, after a flat reading in the previous month. On a monthly basis, consumer prices edged down 0.1 percent, following a 0.4 percent fall in June.
2021-08-03
Fiji Consumer Prices Unchanged in June
Consumer prices in Fiji were flat year on year in June 2021, after declining by 1.6 percent in the previous month. On a monthly basis, consumer prices were down 0.4 percent, reversing from a 0.9 percent rise in May.
2021-07-07
Fiji Consumer Prices Fall for 3rd Month
Consumer prices in Fiji decreased by 1.6 percent year-on-year in May 2021, following a 2.4 percent drop in the previous month. It was the third straight month of decline in consumer prices, as prices fell for clothing & footwear (-2.4 vs -2.6% in April), furnishing, household equipment & routine maintenance (-1.4% vs 1.5%), and alcoholic beverages & tobacco (-17.9% vs -18.8%). Meanwhile, prices rose further for transport (5.7% vs 2.1%), food and non-alcoholic beverages (3.7% vs 2.4%), housing & utilities (2.9% vs 1.5 %), health (1.3% vs 1.0%), miscellaneous goods & services (0.5% vs 0.6%), and restaurants & hotels (0.3% vs 0.3%). On the other hand, communication prices were unchanged (vs 0.2%). On a monthly basis, consumer prices were up 0.9 percent, after a flat reading in April.
2021-06-07

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.