Consumer Price Index

FBoS Release No: 42, 2018

28th June 2018


The Consumer Price Index [CPI] is compiled to indicate average changes in the prices of goods and services purchased by households nationwide with monthly price collections carried out in the urban areas [Suva, Lami, Nasinu, Nausori, Lautoka, Nadi, Ba and Labasa]. The index is currently taken to represent price changes in the rural areas as well. The CPI weights are derived from the Household Income and Expenditure Survey [HIES] of 2008/2009.

June 2018 Highlights

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There are two measures of inflation used in Fiji. One compares the average CPI over the past twelve months with the average CPI over the previous twelve months while the other compares the CPI in the current month with the CPI in the comparable month of the previous year


Details of price changes between May 2018 and June 2018 by expenditure class are as follows:

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FOOD AND NON-ALCOHOLIC BEVERAGES: -3.0%
Lower prices were recorded for bread & cereals, meat, fish & seafood, milk, cheese & eggs, oils & fats, vegetables, food products n.e.c. and non-alcoholic beverages such as coffee, tea & cocoa.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +0.5%
Higher prices were recorded for spirits, wine, beer and yaqona.

CLOTHING AND FOOTWEAR: -0.3%
Lower prices were recorded for garments.

HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS: 0.0%
No price changes were recorded in this division.

FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE: -0.3%
Lower prices were recorded for furniture & furnishings, major household appliances whether electric or not, major tools & equipment, small tools & miscellaneous accessories and non-durable household goods.
HEALTH: -1.0%
Lower prices were recorded for pharmaceutical products.

TRANSPORT: 0.0%
There were some price changes recorded in this division but these changes balanced out.

COMMUNICATION: 0.0%
No price changes were recorded in this division.

RECREATION AND CULTURE: +0.1%
Higher prices were recorded for equipment for the reception, record & reproduction of sound & pictures.


EDUCATION: 0.0%
No price changes were recorded in this division.

RESTAURANTS AND HOTELS: 0.0%
No price changes were recorded in this division.

MISCELLANEOUS GOODS AND SERVICES: 0.0%

There were some price changes recorded in this division but these changes balanced out.

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CLICK HERE FOR RELATED TABLES

For further enquiries please contact Ms Leba Simmons on email   telephone 331 5822 (ext. 386 239) or direct line 323 0839.

The Consumer Price Index for July 2018 will be released at the end of July, 2018.

 

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