Consumer Price Index

FBoS Release No: 29, 2017

29th June 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.

June 2017 Highlights

cpiJun17a

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 May and June 2017 by expenditure class are as follows:

FOOD AND NON-ALCOHOLIC BEVERAGES: -1.8%

Lower prices were recorded for fish & sea food, fruits, vegetables, food products n.e.c. and non-alcoholic beverages such as coffee, tea, cocoa and mineral water.

ALCOHOLIC BEVERAGES, TOBACCO AND NARCOTICS: +1.3%

Higher prices were recorded for spirits, tobacco and yaqona.

CLOTHING AND FOOTWEAR: -0.4%

Lower prices were recorded for garments and footwear.

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%

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

HEALTH: -0.4%

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

TRANSPORT: 0.0%

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

COMMUNICATION: 0.0%

No price changes were recorded in this division.

RECREATION AND CULTURE: +0.1%

Higher prices were recorded for equipment for reception, recording & reproduction, photographic & cinematographic equipment, recording media and games, toys & hobbies.

EDUCATION: 0.0%

No price changes were recorded in this division.

RESTAURANTS AND HOTELS: +0.2%

Higher prices were recorded for restaurant meals.

MISCELLANEOUS GOODS AND SERVICES: -0.2%

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

cpiJun17b

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

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