CONSUMER PRICE INDEX - February 2016

FBoS Release No: 07, 2016

04th March 2016


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.

FEBRUARY 2016 Highlights

cpiFeb16a

The average annual rate of inflation for the twelve months to February 2016 [i.e. comparing the average CPI for the 12 months to February 2016 with the average for the 12 months to February 2015] stands at 1.3 per cent while the month – on-comparable - month inflation rate [compared with February 2015] stands at 1.2 per cent.

cpiFeb16b

The All Items CPI for the month of February registered an increase of 1.1 per cent over January 2016 [108.9] and stands at 110.1.



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 February 2016 and January 2016 by expenditure class are as follows:

FOOD AND NON-ALCOHOLIC BEVERAGES: +0.8%
Higher prices were recorded for fruits, vegetables, non-alcoholic beverages including coffee, tea and cocoa.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +1.1%
Higher prices were recorded for tobacco and yaqona.

CLOTHING AND FOOTWEAR: +0.2%
Higher prices were recorded for clothing materials, garments and shoes & other footwear.

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

FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE: -0.9%
Lower prices were recorded for household textiles, major household appliances electric or not, small electric household appliance, glassware, tableware & household utensils, major tools & equipment and non-durable household goods.

HEALTH: +0.7%
Higher prices were recorded for pharmaceutical products.

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

COMMUNICATION: -0.1%
Lower prices were recorded for telephone & telefax equipments.

RECREATION AND CULTURE: 0.0%
Some price changes were recorded in this division but these balanced out.

EDUCATION: +9.0%
Higher prices were recorded for pre-primary education and tertiary education.

RESTAURANTS AND HOTELS: -0.2%
Lower prices were recorded for restaurants, cafes & the like.

MISCELLANEOUS GOODS AND SERVICES: -0.5%

Lower prices were recorded for other appliance, articles & products for personal care, jewellery, clocks & watches and other personal effects.

cpiFeb16c 

NOTE: The full effects of Tropical Cyclone Winston have not been covered in the February release. It is expected to be shown in the March 2016 release.

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For further enquiries please contact Mr. Peni Waqawai on email or telephone 331 5822 (ext. 386 239) or direct line 323 0839.

The Consumer Price Index for March 2016 will be released on 31st March, 2016.