CONSUMER PRICE INDEX - February 2017

FBoS Release No: 06, 2017
28th February 2017


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 2017 Highlights

cpiFeb17a 

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 January and February 2017 by expenditure class are as follows:

FOOD AND NON-ALCOHOLIC BEVERAGES: -1.9%

Lower prices were recorded for fruits, vegetables and non-alcoholic beverages such as coffee & milo and fruit juice.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +2.1%

Higher prices were recorded for cigarettes, tobacco and yaqona.

CLOTHING AND FOOTWEAR: +0.3%

Higher prices were recorded for garments.

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

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

FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE: +0.6%

Higher prices were recorded for furniture & furnishings, household textiles, major household appliances, small electric household appliances, glassware, tableware & household utensils, small tools & miscellaneous accessories and non-durable household goods.

HEALTH: +0.8%

Higher 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%

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

RECREATION AND CULTURE: +0.4%

Higher prices were recorded for equipment for reception, recording & reproduction, information processing equipment, recording media and equipment for sport, camping & open air recreation.

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: -0.1%

Lower prices were recorded for other appliances, articles & products for personal care and jewelry, clocks & watches.

cpiFeb17b 

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


The Consumer Price Index for March 2017 will be released at the end of March, 2017.