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. source: Reserve Bank of Fiji

Inflation Rate in Fiji averaged 3.36 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 June of 2021.

Inflation Rate in Fiji is expected to be 2.50 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 1.70 in 12 months time. 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
-1.60 -2.40 10.50 -3.50 2003 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-02 02:35 AM Feb 1.1% -1.3%
2021-04-08 02:35 AM Mar -1.2% 1.1%
2021-05-10 01:30 AM Apr -2.4% -1.2%
2021-06-07 01:10 AM May -1.6% -2.4%
2021-07-02 03:30 AM Jun -1.6%
2021-08-04 03:00 AM Jul
2021-09-02 01:20 AM Aug
2021-10-05 02:00 AM Sep


News Stream
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 Consumer Prices Fall the Most in 4 Months
Consumer prices in Fiji dropped by 2.4 percent year-on-year in April 2021, the most decline since last December, following a 1.2 percent fall in the previous month, due mainly to a faster decrease in transport prices (-2.1% vs -1.0%), while food and non-alcoholic beverages inflation eased to a 4-month low of 2.4% in April from 7.5% in March. Prices continued to fall for both clothing & footwear (-2.6 vs -3.3% in March) and alcoholic beverages & tobacco (-16.8% vs -16.9%). In addition prices increased less for health (1.0% vs 1.2%), furnishing, household equipment & routine maintenance (1.5% vs 1.9%), miscellaneous goods & services (0.6% vs 0.8%) and communication (0.2% vs 0.2%). Meanwhile, prices rose further for both housing & utilities (1.5% vs 0.4 %) and restaurants & hotels (0.3% vs 0.1%). On a monthly basis, consumer prices were unchanged, after a 2.6 percent drop in March.
2021-05-10
Fiji Consumer Prices Fall 1.2% in March
Consumer prices in Fiji dropped by 1.2 percent year-on-year in March 2021, reversing from a 1.1 percent rise in the previous month, due mainly to a decline in prices of transport (-1.0% vs -2.7%); clothing & footwear (-3.3% vs -2.9%); and alcoholic beverages & tobacco (-16.9% vs -13.3%). In addition, food and non-alcoholic beverages inflation eased to 7.5% in March from a 12-year high of 12.9% in February. Meanwhile, prices continued to increase for: health (1.2% vs 1.0%), furnishing, household equipment & routine maintenance (1.9% vs 2.3%), miscellaneous goods & services (0.8% vs 0.3%) and communication (0.2% vs 0.1%). By contrast, prices rebounded for both housing & utilities (0.4% vs -1.2 %) and restaurants & hotels (0.1% vs -0.1%). On a monthly basis, consumer prices fell by 2.6 percent, the first monthly decline in 4 months, after a 2.0 percent growth in February.
2021-04-08
Fiji Consumer Prices Rise for 1st Time in 17 Months
Consumer prices in Fiji increased by 1.1 percent year-on-year in February 2021, rebounding from a 1.3 percent drop in the previous month. This was the first decline in consumer prices since September 2019, as food and non-alcoholic beverages inflation accelerated to a 12-year high of 12.9% in February from 5.8% in January. Meanwhile, prices continued to increase for: health (1.0% vs 1.4% in January), furnishing, household equipment & routine maintenance (2.3% vs 2.5%), miscellaneous goods & services (0.3% vs 0.4%) and communication (0.1% vs 0.1%). By contrast, prices fell further for: transport (-2.7% vs -0.4%); housing & utilities (-1.2% vs -0.4 %); clothing & footwear (-2.9% vs -1.7%); restaurants & hotels (-0.1% vs -0.2%), and alcoholic beverages & tobacco (-13.3% vs -15.3%). On a monthly basis, consumer prices rose by 2.0 percent, the most since January 2017, following a 1.7 percent gain in January.
2021-03-02

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.