Consumer prices in Fiji declined by 1.3 percent year-on-year in January 2021, following a 2.8 percent fall in the previous month. This was the sixteenth straight month of decrease in consumer prices, but the smallest pace of decline since April last year, mainly due to a softer fall in prices of both transport (-0.4% vs -0.5% in December 2020) and housing & utilities (-0.4% vs -1.2 %), while food and non-alcoholic beverages inflation accelerated to a 19-month high of 5.8% in January from 0.6% in December. Also, prices dropped for: clothing & footwear (-1.7% vs -1.1%), restaurants & hotels (-0.2% vs 0.2%) and alcoholic beverages & tobacco (-15.3% vs -14.0%). Meanwhile, prices rose further for: health (1.4% vs 1.3%), furnishing, household equipment & routine maintenance (2.5% vs 2.1%), miscellaneous goods & services (0.4% vs 0.6%) and communication (0.1% vs 0.1%). On a monthly basis, consumer prices rose by 1.7 percent, the most since April 2018, after a 0.2 percent growth in December. source: Reserve Bank of Fiji

Inflation Rate in Fiji averaged 3.38 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 February of 2021.

Inflation Rate in Fiji is expected to be -0.50 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 0.70 in 12 months time. In the long-term, the Fiji Inflation Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.

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Fiji Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -2.80 10.50 -3.50 2003 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-04 01:15 AM Oct -2.9% -3.2% -3.3%
2020-12-04 01:30 AM Nov -3.4% -2.9% -2.7%
2021-01-04 02:10 AM Dec -2.8% -3.4% -2.5%
2021-02-03 02:10 AM Jan -1.3% -2.8%
2021-03-02 03:15 AM Feb -1.3%
2021-04-01 02:30 AM Mar
2021-05-01 02:15 AM Apr
2021-06-02 02:20 AM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Fiji Consumer Prices Drop the Least in 9 Months
Consumer prices in Fiji declined by 1.3 percent year-on-year in January 2021, following a 2.8 percent fall in the previous month. This was the sixteenth straight month of decrease in consumer prices, but the smallest pace of decline since April last year, mainly due to a softer fall in prices of both transport (-0.4% vs -0.5% in December 2020) and housing & utilities (-0.4% vs -1.2 %), while food and non-alcoholic beverages inflation accelerated to a 19-month high of 5.8% in January from 0.6% in December. Also, prices dropped for: clothing & footwear (-1.7% vs -1.1%), restaurants & hotels (-0.2% vs 0.2%) and alcoholic beverages & tobacco (-15.3% vs -14.0%). Meanwhile, prices rose further for: health (1.4% vs 1.3%), furnishing, household equipment & routine maintenance (2.5% vs 2.1%), miscellaneous goods & services (0.4% vs 0.6%) and communication (0.1% vs 0.1%). On a monthly basis, consumer prices rose by 1.7 percent, the most since April 2018, after a 0.2 percent growth in December.
2021-02-03
Fiji Consumer Prices Fall the Least in 5 Months
Consumer prices in Fiji dropped by 2.8 percent year-on-year in December 2020, after declining 3.4 percent in the previous month. This was the fifteenth straight month of decrease in consumer prices, but the least since July, mainly due to a rebound in prices of food and non-alcoholic beverages (0.6% vs -1.7% November), while transport prices fell less (-0.5% vs -1.0%). Meantime, prices continued to drop for housing & utilities (-1.2% vs -0.9 %), alcoholic beverages & tobacco (-14.0% vs -13.5%) and clothing & footwear (-1.1% vs -0.8%). On the other hand, prices increased further for: health (1.3% vs 1.2%), furnishing, household equipment & routine maintenance prices (2.1% vs 2.4%), miscellaneous goods & services (0.6% vs 1.0%), restaurants & hotels (0.2% vs 0.8%) and communication (0.1% vs 0.1%). On a monthly basis, consumer prices were up 0.2 percent, the first monthly increase since July, after a 0.4 percent fall in November.
2021-01-04
Fiji Consumer Prices Fall the Most in 5 Months
Consumer prices in Fiji dropped by 3.4 percent year-on-year in November 2020, following a 2.9 percent drop in the previous month. This was the fourteenth straight month of decrease in consumer prices, and the most since June. On a monthly basis, consumer prices were down 0.4 percent, the same pace as in the prior month.
2020-12-04
Fiji Consumer Prices Fall the Least in 3 Months
Consumer prices in Fiji dropped by 2.9 percent year-on-year in October 2020, following a 3.2 percent fall in the previous month. This was the thirteenth straight month of decrease in consumer prices, but the least since July, mainly due to a decline in prices of food and non-alcoholic beverages (-1.7% vs -2.1% September), housing & utilities (-0.5% vs -2.1%), alcoholic beverages & tobacco dropped more (-11.5% vs -12.4%) and clothing & footwear (-0.5% vs 0.8%). In addition, prices rose softer for furnishing, household equipment & routine maintenance prices (2.5% vs 2.9%), miscellaneous goods & services (2.2% vs 3.2%) and health (1.1% vs 1.2%), while inflation was steady for both restaurants & hotels (0.8%) and communication (0.1%). Meantime, transport prices rebounded (0.8% vs -0.1%). On a monthly basis, consumer prices went down 0.4 percent, following a 0.5 percent fall in the prior month.
2020-11-04

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.