CONSUMER PRICE INDEX – September 2013

 [Base: Average 12 months 2008 = 100.0]

 

Release No: 67, 2013

4th October, 2013


 

 

September 2013 Highlights

 

cpiSep13 cpiSep13a
The average annual rate of inflation for the twelve months to September 2013 [i.e. comparing the average CPI for the 12 months to September 2013 with the average for the 12 months to September 2012] stands at 2.7 percent while the month – on-comparable - month inflation rate [compared with September 2012] stands at 3.1 percent. The All Item Consumer Price Index [CPI] for the month of September 2013 registered an increase of 0.6 percent over August 2013 [121.5] and stands at 122.2.

 

The Consumer Price Index, which covers price changes in the urban areas Suva, Lami, Nasinu, Nausori, Lautoka, Nadi, Ba and Labasa, has weights derived from the Household Income and Expenditure Survey of 2008/2009.

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 [i.e. 12 months previously].

 

Details of price changes between August and September 2013 by expenditure groups are as follows:

 

FOOD AND NON-ALCOHOLIC BEVERAGES: +1.3%

Higher prices were recorded for meat, oils and fats, fruits, confectioneries and vegetables. The non–alcoholic beverages group also experienced some price increases with tea, cocoa, soft drinks and  fruit juice .

 

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +0.4%

Higher prices were recorded for alcoholic beverages and cigarettes.

 

CLOTHING AND FOOTWEAR: -0.2%

Lower prices were recorded for clothing materials, other articles of clothing and footwear.

 

HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS: 0.0%

Price changes of paints were recorded but they balanced out.

 

FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE: +1.0%

Higher prices were recorded for furniture and furnishing, household textiles, household utensils, household equipment and non- durable household goods.

 

HEALTH: +0.5%

Higher price were recorded for pharmaceutical products. 

 

TRANSPORT: 0.0%

Price changes recorded in this division balanced out.

 

COMMUNICATION: 0.0%

Price changes recorded in this division balanced out.

 

RECREATION AND CULTURE: +2.1%

Higher prices were recorded for audio visuals and stationery.

 

EDUCATION: 0.0%

Price changes recorded in this division balanced out.

 

RESTAURANTS AND HOTELS: +1.4%

Higher prices were recorded for restaurant meals.

 

MISCELLANEOUS GOODS AND SERVICES: -0.3%

Lower prices were recorded for personal effects.

 

cpiSep13b

 

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For further enquiries please contact Mr. Peni Waqawai on Telephone 3315822 ext 113 or email:

The Consumer Price Index for September 2013 will be released on 31st October, 2013.