CONSUMER PRICE INDEX - February 2018

FBoS Release No: 12, 2018

28th February 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.

February 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 January 2018 and February 2018 by expenditure class are as follows:

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FOOD AND NON-ALCOHOLIC BEVERAGES: +2.2%
Higher prices were recorded for bread & cereals, meat, fish & sea food, milk, cheese & eggs, oils & fats, vegetables, food products n.e.c. and non-alcoholic beverages such as coffee, tea & cocoa and mineral water, soft drinks & fruit juices.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +0.3%
Higher prices were recorded for spirits, beer and cigarettes.

CLOTHING AND FOOTWEAR: +0.3%
Higher prices were recorded for garments and other articles of clothing & clothing accessories.

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: +0.4%
Higher prices were recorded for household textiles, major household appliances and non-durable household goods.


HEALTH: -2.0%
Lower prices were recorded for pharmaceutical products and medical services.

TRANSPORT: -0.1%
Lower prices were recorded for motor cars and spare parts & accessories for personal transport equipment.

COMMUNICATION: +0.1%
Higher prices were recorded for telephone & telefax equipment purchase.

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

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

RESTAURANTS AND HOTELS: +0.8%
Higher prices were recorded for accommodation services.

MISCELLANEOUS GOODS AND SERVICES: +0.1%

Higher prices were recorded for hairdressing salons & personal grooming establishments and other appliances, articles & products for personal care.

 

 

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

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