Consumer Price Index

[Base: Average 12 months 2005 = 100.0]

 

Release No: 32, 2013

 

30th April, 2013


 

 

The average annual rate of inflation for the twelve months to April 2013 [i.e. comparing the average Consumer Price Index [CPI] for the 12 months to April 2013 with the average for the 12 months to April 2012] stands at 3.1 percent while the month – on-comparable - month inflation rate [compared with April 2012] stands at 1.0 percent.

 

The All Item CPI for the month of April, 2013 registered a decrease of 0.3 percent over March 2013 [147.4] and stands at 146.9.

 

The Consumer Price Index, which covers price changes in urban areas [Suva, Lami, Nausori, Lautoka, Nadi, Ba and Labasa], has weights derived from the Household Income and Expenditure Survey of 2002/2003.

 

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. The other, which is used in most countries, compares the CPI in the current month with the CPI in the comparable month of the previous year [ie.12 months previously].

 

Details of price changes between March and April 2013 by expenditure groups are as follows: 

 

FOOD: -0.9%

Lower prices were recorded for wheat products, fresh fish, fruit, fats and oils, top dressing, confectionery and market items such as long bean, chinese cabbage, imported carrot, okra,  egg plant, local tomato, bele, pumpkin, tubua, onion, potato and dalo.

 

ALCOHOLIC DRINKS AND TOBACCO: +0.3%

Higher prices were recorded for some alcoholic spirits, warm beer and cigarettes.

 

HOUSING:  0.0%

Some price changes were recorded in this section but these changes balanced out.

 

HEATING AND LIGHTING: -0.3%

Lower prices were recorded for cooking gas.

 

DURABLE HOUSEHOLD GOODS: -0.3%

Lower prices were recorded for electrical and non-electrical appliances and jewellery.

 

CLOTHING AND FOOTWEAR: +0.4%

Higher prices were recorded for men’s, women’s and children’s wear and women’s footwear.

 

TRANSPORT: +0.1%

Higher prices were recorded for petrol.

 

SERVICES: 0.0%

No price changes were recorded in this section.

 

MISCELLANEOUS: 0.0%

Some price changes were recorded in this section but these changes balanced out.

 

cpi

 

 

 

For further enquiries please contact Mr Avinesh Mani on 3315822 ext 113.

Consumer Price Index Release for May 2013 will be available on 31st May 2013.