The annual inflation rate in Fiji dropped to 3.6 percent in December 2022 from 5.2 percent in the previous month. It was the lowest inflation rate since February, amid softer rises in prices of housing & utilities (0.3% vs 1.7% in November), food and non-alcoholic beverages (7.1% vs 9.6%), transport (16.5% vs 19.7%), clothing & footwear (3.1% vs 3.6%), and miscellaneous goods & services (3.3% vs 5.1%). Prices continued to increase for both health (5.4% vs 4.7%) and household equipment & routine maintenance (4.4% vs 3.9%).In addition, prices dropped more for both restaurants & hotels (-2.5% vs -2.1%) and alcoholic beverages & tobacco (-7.1% vs -5.3%). On a monthly basis, consumer prices went up 0.2 percent in November, recovering from a 0.2 percent fall in November. source: Reserve Bank of Fiji

Inflation Rate in Fiji averaged 3.29 percent from 2003 until 2022, 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 January of 2023.

Inflation Rate in Fiji is expected to be 4.80 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 3.60 5.20 percent Dec 2022
Food Inflation 7.10 9.60 percent Dec 2022

Fiji Inflation Rate
In Fiji, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (28 percent of total weight). Transport accounts for 15 percent; Housing and Utilities for 12 percent; Education for 10 percent; Alcoholic beverages and Tobacco for 8 percent and Miscellaneous Goods and Services for 8 percent. Furniture, Household Goods and Maintenance; Communication; Recreation and Culture; Restaurants and Hotels; Clothing and Footwear and Health account for the remaining 20 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.60 5.20 10.50 -3.50 2003 - 2022 percent Monthly

News Stream
Fiji Inflation Rate at 10-Month Low of 3.6%
The annual inflation rate in Fiji dropped to 3.6 percent in December 2022 from 5.2 percent in the previous month. It was the lowest inflation rate since February, amid softer rises in prices of housing & utilities (0.3% vs 1.7% in November), food and non-alcoholic beverages (7.1% vs 9.6%), transport (16.5% vs 19.7%), clothing & footwear (3.1% vs 3.6%), and miscellaneous goods & services (3.3% vs 5.1%). Prices continued to increase for both health (5.4% vs 4.7%) and household equipment & routine maintenance (4.4% vs 3.9%).In addition, prices dropped more for both restaurants & hotels (-2.5% vs -2.1%) and alcoholic beverages & tobacco (-7.1% vs -5.3%). On a monthly basis, consumer prices went up 0.2 percent in November, recovering from a 0.2 percent fall in November.
2023-01-06
Fiji Inflation Rate Slows to 5.2% in November
The annual inflation rate in Fiji declined to 5.2 percent in November 2022 from 5.4 percent in the previous month, amid softer rises in prices of transport (19.7% vs 21.3%), housing & utilities (1.7% vs 2.9%), and clothing & footwear (3.6% vs 4.1%). Prices continued to increase for food and non-alcoholic beverages (9.6% vs 9.1%), miscellaneous goods & services (5.1% vs 3.7%), health (4.7% vs 4.4%), and household equipment & routine maintenance (3.9% vs 3.9%). Meanwhile, prices fell further for both restaurants & hotels (-2.1% vs -2.1%) and alcoholic beverages & tobacco (-5.3% vs -4.4%). On a monthly basis, consumer prices were down 0.2 percent in October, after a 0.6 percent drop in October.
2022-12-08
Fiji Inflation Rate Accelerates to 5.4% in October
The annual inflation rate in Fiji increased to 5.4 percent in October 2022 from September's 3-month low of 5.1 percent. Main upward pressure came from cost of food and non-alcoholic beverages (9.1% vs 6.0% in September), transport (21.3% vs 22.3%), housing & utilities (2.9% vs 3.7%), miscellaneous goods & services (3.7% vs 2.6%), clothing & footwear (4.1% vs 4.4%), health (4.4% vs 4.8%), household equipment & routine maintenance 3.9% vs 4.9%). By contrast, prices fell further for both restaurants & hotels (-2.1% vs -2.1%) and alcoholic beverages & tobacco (-4.4% vs -2.0%). On a monthly basis, consumer prices dropped by 0.6 percent in October, after a 0.5 percent decline in September.
2022-11-23