CONSUMER PRICE INDEX - July 2017

FBoS Release No: 35, 2017
31st July 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.

July 2017 Highlights

cpiJul17a 

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 June and July 2017 by expenditure class are as follows:

FOOD AND NON-ALCOHOLIC BEVERAGES: -0.3%

Lower prices were recorded for fruits, vegetables, food products n.e.c. and non-alcoholic beverages such as mineral water.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +4.6%

Higher prices were recorded for spirits, wine, beer, tobacco and yaqona.

CLOTHING AND FOOTWEAR: +0.2%

Higher prices were recorded for cloth materials, garments and shoes & footwear.

HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS: -1.3%

Lower prices were recorded for gas, liquid fuels and solid fuels.

FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE: +0.2%

Higher prices were recorded for furniture & furnishings, small electric household appliances and non-durable household goods.

HEALTH: +0.3%

Higher prices were recorded for pharmaceutical products and other medical products.

TRANSPORT: -0.5%

Lower prices were recorded for bicycles, spare parts and fuels & lubricants.

COMMUNICATION: 0.0%

No price changes were recorded in this division.

RECREATION AND CULTURE: -0.2%

Lower prices were recorded for equipment for reception, recording & reproduction, photographic & cinematographic equipment, information processing equipment and games, toys & hobbies.

EDUCATION: 0.0%

No price changes were recorded in this division.

RESTAURANTS AND HOTELS: +1.1%

Higher prices were recorded for restaurant meals.

MISCELLANEOUS GOODS AND SERVICES: -0.1%

Lower prices were recorded for appliances, articles & products for personal care.

cpiJul17b 

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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 August 2017 will be released at the end of August, 2017.